[Concall] "KT Stock Undervalued Compared to Intrinsic Value"
[Asia Economy Reporter Koo Chae-eun] KT stated during the conference call following the Q3 earnings announcement on the 6th, "We believe KT is undervalued compared to its intrinsic value," adding, "As mentioned in May, KT's standalone operating profit is expected to reach 1 trillion KRW, and we have confidence in our fundamentals. We also expect the stock price to trend upward."
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KT added, "We have determined that a meaningful scale of capital reallocation is necessary and have decided to acquire 300 billion KRW worth of treasury shares. Whether to cancel the treasury shares will be decided based on future business conditions."
This content was produced with the assistance of AI translation services.
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