Friday, July 3, 2026
CN
  • About
  • Advertise
  • Careers
  • Contact
Money Compass
  • Home
  • Financial News
  • Investment News
  • Other News
    • Bursa News
    • Government News
    • Listing Companies News
    • Oversea Financial & Investment News
  • Interviews
    • Features Interviews
    • Corporate Interviews
  • Financial & Investment Articles
  • PR Newswire
  • Login
No Result
View All Result
Money Compass
Home PR Newswire

KT&G announcement: “American investor Capital Research and Management acquires additional 1.04 million shares, increasing stake again to 8.2%”

Money Compass by Money Compass
July 3, 2026
in PR Newswire
0
KT&G announcement: “American investor Capital Research and Management acquires additional 1.04 million shares, increasing stake again to 8.2%”
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

– Steady increase from 5.61% in May, to 7.21% in June, and to 8.22% in July
– KT&G, Q1 performance grows based on upward global cigarette trend, plans to announce new shareholder return plans in H2

SEOUL, South Korea, July 3, 2026 /PRNewswire/ — KT&G(KRX: 033780) announced on the 3rd that the U.S.-based global investment management company, Capital Research and Management Company, acquired 8.22% of its shares for investment purposes only.

Related posts

DESLOC V150 Plus Earns Kickstarter “Project We Love” Recognition for Its Creative Approach to Smart Lock Innovation

DESLOC V150 Plus Earns Kickstarter “Project We Love” Recognition for Its Creative Approach to Smart Lock Innovation

July 3, 2026
Pudu Robotics Brings Physical AI into Everyday Life at Davos Tech Summit’s Robot City

Pudu Robotics Brings Physical AI into Everyday Life at Davos Tech Summit’s Robot City

July 3, 2026


(PRNewsfoto/KT&G Corporation)

Capital Research and Management Company’s disclosure on Korea’s electronic Disclosure system DART indicates that it is holding 8.528 million shares of KT&G. Accordingly, Capital Research and Management Company’s held shares relative to total shares issued has reached 8.22%.

Previously on the 8th of May, Capital Research and Management Company disclosed that it is holding 5.61% of KT&G shares. In a disclosure that followed on the 9th of June, Capital Research and Management Company stated that it had increased the holding to 7.21%. In today’s disclosure, Capital Research and Management Company revealed that it had secured an additional 1.04 million shares, once again expanding the holding to 8.22%.

Capital Research and Management Company is one of the largest active fund management companies that manages assets amounting to 3.3 trillion USD and is also known for its long-term investment tendencies. The recent string of acquisitions is understood to be reflected the investment tendencies.

Meanwhile, KT&G achieved a Q1 revenue of 1.7036 trillion KRW and operating profit of 364.5 billion KRW on a consolidated basis, observing respective growth of 14.3% and 27.6% on a year-over-year basis.

In particular, the global cigarette business broke the quarterly historic revenue record—made possible due to measures including strategic price hikes based on brand competitiveness, cost and SGA cost savings, and even volume growth throughout all global regions. Furthermore, in the latter half of the year, KT&G plans to announce new shareholder return policies with stronger dividends based on the qualitative growth towed by its global business.

A KT&G spokesperson stated that “the company’s growth potential and fundamental competitiveness is being recognized through share expansions by global investment companies like Capital Research and Management Company. Going forward, KT&G will continue to focus on enhancing shareholder value by creating a virtuous cycle of profit growth centered around global business and shareholder return.”

Cision View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ktg-announcement-american-investor-capital-research-and-management-acquires-additional-1-04-million-shares-increasing-stake-again-to-8-2-302817545.html

SOURCE KT&G Corporation

​ 

Previous Post

Evangel Hospital Launches “3 Instruments of Peace” Service in Support of Advance Medical Directives Implementation

Next Post

Vietnam: TotalEnergies ENEOS Commissions 28 MWp Rooftop Solar Project at Samsung Electronics HCMC CE Complex

Next Post
Vietnam: TotalEnergies ENEOS Commissions 28 MWp Rooftop Solar Project at Samsung Electronics HCMC CE Complex

Vietnam: TotalEnergies ENEOS Commissions 28 MWp Rooftop Solar Project at Samsung Electronics HCMC CE Complex

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel business Champions League Chopper Bike Doctor Terawan industrial Istana Negara Malaysia Market Stories National Exam net zero emissions targets 2025 Renewable energy Visit Bali

Recent News

  • DESLOC V150 Plus Earns Kickstarter “Project We Love” Recognition for Its Creative Approach to Smart Lock Innovation
  • Pudu Robotics Brings Physical AI into Everyday Life at Davos Tech Summit’s Robot City
  • Hong Kong Unveils Large-Scale Toy Story 5-Themed Carnival “FOREVER TOYS @ Harbour City”

Category

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Features Interviews
  • Government News
  • Financial News
  • Investment News
  • Listing Companies News
  • Corporate Interviews
  • Bursa News
  • Financial & Investment Articles
  • Oversea Financial & Investment News

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved