[Featured Stock] KT Extends Rally for Fourth Day on Shareholder Return Hopes...Hits Record High
KT continued its rally for a fourth straight trading day, hitting a new intraday 52-week high.
As of 9:17 a.m. on February 11, KT was trading at 62,800 won, up 2,100 won (3.46%) from the previous day. During the session, it climbed as high as 62,900 won, setting a new record high.
Solid earnings and expectations of expanded shareholder returns appear to be driving the share price higher.
The previous day, KT announced in a regulatory filing that, on a consolidated basis, its revenue for last year was provisionally tallied at 28.2442 trillion won, up 6.9% year-on-year. Operating profit rose 205% to 2.4691 trillion won, and net profit increased 340.4% to 1.8368 trillion won. Fourth-quarter operating profit came in at 227.3 billion won, swinging to a profit from a loss in the same period a year earlier.
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Kim Aram, an analyst at Shinhan Investment & Securities, said, "Risks are limited, yet the expected shareholder return yield for 2026 reaches 5.9%, and the upcoming share buyback is also attractive," adding, "The company plans to buy back its own shares over about six months starting from March 10, with a total size of 250 billion won, and the impact on supply and demand is estimated at 8% of the average daily trading value."
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