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KT ADR Rep 1/2 Ord Shs KT

KT Corp is a Korea-based company that mainly provides telecommunication services. The Company operates its business through four segments. The Information and Communications Technologies segment is engaged in providing telecommunication services to individual, home, corporate customers and the convergence business. The Finance segment is engaged in providing financial services, such as credit card. The Satellite Broadcasting segment provides satellite television services. The Other segment includes security services, satellite service, information technology and network services, as well as global business services, which provide global network services to multinational or domestic corporate customers and telecommunications companies. The Company's principal services include mobile voice and data telecommunications services; fixed-line services; credit card processing and other financial services; as well as other services. The Company is engaged in the software platforms business.


NYSE:KT - Post by User

Post by ukboardon Dec 05, 2005 6:09pm
245 Views
Post# 9946634

Resumes Share Repurchase Program

Resumes Share Repurchase ProgramKaty Industries, Inc. Resumes Share Repurchase Program 12/5/2005 MIDDLEBURY, Conn., Dec 05, 2005 /PRNewswire-FirstCall via COMTEX/ -- Katy Industries, Inc. (NYSE: KT) today announced that it has resumed its $5.0 million share repurchase plan, which the company previously suspended in May 2004. From the inception of the plan in April 2003 until the May 2004 suspension, Katy has purchased 494,800 shares of common stock on the open market for approximately $2.6 million. "We believe that the repurchase of our shares is an appealing investment at current share prices and a sensible use of the company's resources," said Anthony T. Castor III, Katy Industries' President and Chief Executive Officer.
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