[Public Notice+] KTB Securities Decides to Buy Back 3 Billion KRW of Treasury Shares... "We Will Enhance Shareholder Value"

Acquisition of Intestinal Tract for One Year Until October Next Year

[Asia Economy Reporter Minwoo Lee] KTB Investment & Securities has decided to repurchase its own shares worth 3 billion KRW. The company plans to continue shareholder-friendly management based on steady growth.

KTB Investment & Securities announced on the 14th that it held a board meeting and resolved to acquire treasury stock worth 3 billion KRW. The acquisition period is from the 15th to October 14, 2022. The shares will be purchased on the market through a trust contract.

Previously, in March last year, KTB Investment & Securities acquired 1,290,313 shares through a 3 billion KRW treasury stock repurchase. At that time, key executives voluntarily participated in the share repurchase to help stabilize the stock price.

The company intends to continue shareholder-friendly management even at a time of clear growth. KTB Investment & Securities recorded a net profit of 92.8 billion KRW in the first half of this year, setting a record high profit that surpassed last year's annual net profit in just half a year.

A KTB Investment & Securities official said, "This decision is aimed at stabilizing the stock price and enhancing shareholder value," adding, "We will continue shareholder-friendly management based on the company's steady growth."

This content was produced with the assistance of AI translation services.