Capital Group Acquires 5.61% Stake in KT&G as Share Price Surpasses KRW 180,000

Image for article Capital Group Acquires 5.61% Stake in KT&G as Share Price Surpasses KRW 180,000
News Source : PRNewswire

News Summary

  • KT&G (KRX: 033780) announced on the 7th through its IR session that proactive profitability focused management schemes led to 56.1% YoY global...TobaccoBanking & Financial ServicesAcquisitions, Mergers and TakeoversEarnings.
  • KT&G's Q1 consolidated revenue reached 1.7036 trillion KRW and operating profit 364.5 billion KRW, a respective YoY growth of 14.3% and 27.6%.
  • In particular, the company's overseas combustible cigarette business was a key driver of its earnings performance.
SEOUL, South Korea, May 8, 2026 /PRNewswire/ The Capital Group Companies, Inc., a U.S.based financial firm managing more than 3 trillion USD in assets, disclosed that it has acquired a 5.61% stak [+2729 chars]

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