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BlackRock Enters Top Shareholder Ranks as KT&G Holding Reaches 5.01%

Jan.30
BlackRock Enters Top Shareholder Ranks as KT&G Holding Reaches 5.01%
BlackRock increased its stake in KT&G to 5.01% after purchasing 68,646 shares, bringing total holdings to 5,914,169 shares and triggering Korea’s large-shareholding disclosure rules. KT&G shares climbed to an all-time intraday high of 153,900(about US$106.19) won and closed at a record 152,900(about US$105.50) won. KT&G is set to report earnings on Feb. 5, with consensus pointing to year-on-year growth in revenue and operating profit.

Key Points

 

  • BlackRock bought 68,646 shares, taking total holdings to 5,914,169 shares (5.01%)
  • Crossing 5% triggers mandatory reporting and disclosure within five days in Korea
  • Market data suggests BlackRock is now among KT&G’s top five shareholders
  • Shares hit a record 153,900(US$106.19) won intraday high and a record 152,900(US$105.50) won close
  • Consensus forecasts: revenue 6.5319 trillion won (≈ US$4.51B); operating profit 1.3742 trillion won (≈ US$0.95B)

 

 

2Firsts, Jan. 30, 2026

 

According to News1, BlackRock has lifted its stake in KT&G (033780) above the 5% threshold. KT&G disclosed that BlackRock purchased 68,646 shares on Jan. 27, bringing its total holdings to 5,914,169 shares, or 5.01% of the company.

 

The disclosure follows Korea’s large-shareholding reporting regime, which requires investors to file and publicly disclose holdings and changes once their stake in a listed company reaches or exceeds 5%, within five days, with the relevant authorities and the exchange.

 

FnGuide data cited in the report indicates BlackRock has moved into KT&G’s top shareholder ranks, alongside major holders such as IBK Industrial Bank of Korea and the National Pension Service.

 

KT&G shares rallied after the filing, touching an all-time intraday high of 153,900 won and finishing at a record close of 152,900 won. At 1 KRW = US$0.00069, the intraday high was about US$106.19 and the close about US$105.50.

 

BlackRock Enters Top Shareholder Ranks as KT&G Holding Reaches 5.01%
KT&G stock price increase | Source: Google

 

KT&G is scheduled to release earnings on Feb. 5. Market consensus cited in the report forecasts 2025 revenue of 6.5319 trillion won and operating profit of 1.3742 trillion won, up 10.6% and 13.3% year on year; at the same exchange rate, that is approximately US$4.51 billion and US$0.95 billion, respectively.

 

Image source: KT&G 

References:
[1] 세계 최대 자산운용사 '블랙록', KT&G 3대주주 됐다
Also Read:
[1] KT&G says lil reached about US$2.924 billion in cumulative sales and is expanding overseas
[2] KT&G Revises Partnership Terms with PMI, Secures Overseas Commercialization Rights for Multiple Heated Tobacco Platforms

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