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 Is a Prime Candidate for Corporate Activism in Korea

Flashlight Capital Partners Goes Activist on KT&G

KT&G Announces a Share Buyback Worth 350 Billion Won

High Dividend Yielding Stocks With Momentum in Korea Outperforming KOSPI

Korean Food & Drug Administration Makes a Major Case Against Heat-Not-Burn Cigarettes

Japan Tobacco Selling 2.1% Stake of KT&G in a Block Deal

KT&G Corp Placement - Unlike to Make or Lose Much

Equity Bottom-Up

<p>On 4 November, <a href="https://www.smartkarma.com/entities/kt-g-corp" target="_blank" data-smartkarma-citation="entities:9320:1" rel="noopener">KT&amp;G Corporation (033780 KS) </a>announced a big share buyback program and higher dividends totaling 2.75 trillion won in the next three years. KT&amp;G currently has a market cap of 11.8 trillion won so the total buyback and dividend program would represent 23% of market cap. </p><p>We believe that KT&amp;G remains a key value play in Korea amidst increasing market uncertainty. The company's announcement of a strong buyback/dividend program is likely to encourage further interest in KT&amp;G shares and we believe its shares could outperform KOSPI in the near-term (next 3-6 months). </p>

On 4 November, KT&amp;G Corporation (033780 KS) announced a big share buyback program and higher dividends totaling 2.75 trillion won in the next three years. KT&amp;G currently has a market cap of 11.8 trillion won so the total buyback and dividend program would represent 23% of market cap. We believe that KT&amp;G remains a key value play in Korea amidst increasing market uncertainty. The company's announcement of a strong buyback/dividend program is likely to encourage further interest in KT&amp;G shares and we believe its shares could outperform KOSPI in the near-term (next 3-6 months). 

KT&amp;G: 대규모 자사주 매입 및 배당 프로그램 (시장 불확실성 속 핵심 가치 투자)

KT&G Corporation

KT&G: 대규모 자사주 매입 및 배당 프로그램 (시장 불확실성 속 핵심 가치 투자)

KT&G Corporation

KT&amp;G: 대규모 자사주 매입 및 배당 프로그램 (시장 불확실성 속 핵심 가치 투자)

KT&G: 대규모 자사주 매입 및 배당 프로그램 (시장 불확실성 속 핵심 가치 투자)