[Concall] KT, "Not Considering Treasury Stock Cancellation" View original image


[Asia Economy Reporter Koo Eun-mo] Kim Young-jin, Chief Financial Officer (CFO) of KT, responded to a question about the company's plan to retire treasury shares during the 2021 Q1 earnings conference call held on the afternoon of the 11th, saying, "We are not currently reviewing it separately," and added, "We are considering utilization plans in a direction that can be used for strengthening business competitiveness, such as mergers and acquisitions (M&A)."



Regarding the possibility of raising targets following the early achievement of a separate operating profit of 1 trillion won this year, he said, "We plan to increase operating profit compared to last year," and added, "We will review this year's performance and decide whether to revise next year's separate operating profit."


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