Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

KT&G: Selling 57 Real Estate Properties to Generate 1 Trillion Won in Additional Cash Flow

KT&G: Increasing Probability of a Cigarette Price Hike in the Next 6-12 Months

KT&G Is a Prime Candidate for Corporate Activism in Korea

KT&G: Solid Results in 2Q 2025 + Treasury Shares Cancellation of 300 Billion Won

Douglas Research Advisory

Event-Driven

<ul>
<li>This past week, KT&amp;G Corporation (033780 KS) announced that it will cancel its entire treasury shares (9.5% of outstanding shares). </li>
<li>This share cancellation amount is nearly 1.7 trillion won (US$1.1 billion), representing one of the largest share cancellation amounts among Korean companies. </li>
<li>I am positive on the company's decision to cancel its entire treasury shares as it will result in higher ROE, higher ownership among existing shareholders, and higher EPS.  </li>
</ul>


This past week, KT&amp;G Corporation (033780 KS) announced that it will cancel its entire treasury shares (9.5% of outstanding shares). 
This share cancellation amount is nearly 1.7 trillion won (US$1.1 billion), representing one of the largest share cancellation amounts among Korean companies. 
I am positive on the company's decision to cancel its entire treasury shares as it will result in higher ROE, higher ownership among existing shareholders, and higher EPS.  


KT&G: Share Cancellation of 1.7 Trillion Won and a Potential Hike in Cigarette Prices in 2026