KT Decides Minor Treasury Stock Acquisition Due to Cancellation of Performance Shares, Limited Shareholder Impact

KT’s board on July 14, 2026 approved the over-the-counter acquisition of 3,532 common shares to cancel previously granted long-term performance shares.
The acquisition amount is 186,136,400 KRW based on the previous closing price but involves no actual cash outflow as it is an administrative procedure.
The acquisition period is from July 15 to October 14, 2026. After completion, KT will hold 13,889,877 treasury shares representing 5.51% of total outstanding shares.
KT is currently executing a separate trust-based treasury stock acquisition program announced on February 10, 2026, which may alter the final treasury share count.
[AI Summary]This minor treasury stock acquisition has negligible financial impact and limited market implications. It is an administrative step with no material effect on stock price or shareholder value.