★★★

KT&G

KT&G Reports Strong Q1 2026 Results and Aggressive Shareholder Returns


  • Consolidated Q1 2026 revenue KRW 1,703.6 billion (+14.3% YoY), operating profit KRW 364.5 billion, net profit attributable to parent KRW 380.5 billion, EPS KRW 3,666.
  • Completed cancellation of 3.3 million common shares in Feb 2026 (KRW 53.4 billion) and fully cancelled remaining 10.87 million treasury shares in Apr 2026. Cumulative cancellation rate 22.4% (based on end-2023 shares).
  • Mid-to-long term shareholder return plan: total cash return over KRW 3.7 trillion in 2024-2027, total shareholder return rate over 100%, dividend payout ratio over 50%, continued DPS increase.
  • Credit ratings: Domestic corporate bonds AAA, CP A1; International S&P A- (stable), Moody's A3 (stable).
  • Domestic cigarette market share 68.8%, next-generation (HNB) device market share approximately 71%.
  • Won first instance of tobacco lawsuit by National Health Insurance Service (claim amount KRW 533.2 billion); plaintiff appealed. 21 other lawsuits pending (total claim KRW 158.6 billion).

KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: KT&G (033780)
  • Submission: KT&G Corporation
  • Receipt: 05-15-2026