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Photo = Yonhap news |
[Alpha Biz= Kim Jisun] KT&G announced on Monday that it will dispose of 17,453 treasury shares, worth approximately 1.82 billion KRW, between February 25 and 28 to compensate executives for performance bonuses.
The shares will be disposed of at a price of 104,100 KRW per share and directly transferred to the recipients’ accounts.
A KT&G representative stated, "We have allocated a portion of the CEO’s short-term performance bonus and executive compensation in the form of treasury shares."
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
