Welcome to our dedicated page for KT&G GDR 144A news (Ticker: $KTCIY), a resource for investors and traders seeking the latest updates and insights on KT&G GDR 144A stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect KT&G GDR 144A's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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KT&G Corporation announced its 2023 fourth-quarter and full-year results, revealing record revenue and operating profit. The company achieved an all-time high total overseas sales volume, with an optimistic outlook for 2024. KT&G also declared a year-end dividend and plans to cancel 3.5 million existing treasury shares.
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KT&G Corporation's Governance Committee has finalized the first shortlist of CEO candidates, consisting of 8 individuals, and recommended it to the CEO Candidate Recommendation Committee. The selection process involved impartial and objective opinions from an advisory panel of external experts. The CEO Candidate Recommendation Committee will further assess the candidates and finalize a second shortlist of 3 to 4 individuals by mid-February. The final CEO candidate will be named by the end of February and appointed after approval at the Annual General Meeting of Shareholders in late March.
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KT&G Corporation (KRX:033780) announced the voluntary resignation of CEO Bok-in Baek and the initiation of the CEO appointment process, involving 24 longlisted candidates. The appointment is expected to be finalized by the end of February, subject to approval at the Annual General Meeting of Shareholders in late March.
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KT&G Corporation (KRX:033780) has initiated the CEO appointment process by holding a Board of Directors meeting and the Governance Committee to officially embark on the process for appointing the next CEO and resolve the evaluation criteria for CEO candidates. The process will unfold over a period of approximately three months, with open recruitment for CEO candidates commencing on December 28, 2023. The Governance Committee will institute an advisory panel comprised of external experts to bring an objective perspective into the process of selecting the shortlist for CEO candidates, thereby enhancing the impartiality of the process. The CEO appointment process will be conducted in a fair and transparent manner, following a three-step procedure involving 'Governance Committee -- CEO Candidate Recommendation Committee -- Reporting to the Board of Directors & Approval at the General Meeting of Shareholders.'
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KT&G Corporation: New Shareholder Return Policy to Include KRW 1.8 Trillion Dividend and KRW 1 Trillion Share Buyback & Cancellation
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KT&G (KRX:033780) announced record-high quarterly revenue of KRW 1.69 trillion, a 4% increase from the same quarter last year, driven by solid performance in combustible business. Overseas combustible business saw double-digit growth in sales volume and revenue, with impressive increases of 26.3% and 21% YoY, respectively. The Heat Not Burn business also recorded double-digit increases in both domestic and overseas sales figures.
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Korea Ginseng Corp. US (KGCUS) recently participated in SupplySide West, the largest food and health food raw material exhibition in North America. The company showcased its Korean red ginseng brand, G1899, and highlighted the rigorous quality control processes and scientific research behind its products. KGCUS exports over 250 products to more than 40 countries and aims to promote the excellence of red ginseng in the global health functional food market.
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Korea Ginseng Corp. US (KGCUS) announces partnership with WaBa Grill to introduce Korean Red Ginseng-infused sparkling herbal drinks to their menu. The drinks, HSW Calm, HSW Recharge, and HSW Sharp, target stress support, energy, and focus respectively. Available at all WaBa Grill locations in California and Arizona.
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KT&G to establish a new factory in Kazakhstan that will serve as a global manufacturing innovation hub
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Korea Ginseng Corp. unveils new promotional trailer showcasing three innovative beverages: Sharp, Recharge, and Calm. Expands reach on the East Coast and now focuses on guerrilla marketing in California. Aligns brand with healthy lifestyle trend.
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