Sk Telecom ( (SKM) ) has issued an announcement.
SK Telecom announced the disposal of 370,355 treasury shares, valued at approximately 14.24 billion Won, with the disposal period extending from May 2, 2025, to March 26, 2027. This move is part of the company’s strategy to manage stock options granted at the 2020 General Meeting of Shareholders, impacting the company’s financial operations and potentially influencing shareholder value.
Spark’s Take on SKM Stock
According to Spark, TipRanks’ AI Analyst, SKM is a Outperform.
SK Telecom’s overall score reflects a strong financial foundation with robust revenue growth and operational margins. Positive earnings call guidance and attractive valuation further enhance the score. However, technical indicators suggest caution, and there is room for improvement in profitability and free cash flow growth.
To see Spark’s full report on SKM stock, click here.
More about Sk Telecom
SK Telecom Co., Ltd. is a leading company in the telecommunications industry, primarily offering mobile communication services and products. The company is headquartered in Seoul, Korea, and focuses on providing innovative telecom solutions to its customers.
YTD Price Performance: 0.52%
Average Trading Volume: 361,214
Technical Sentiment Signal: Buy
Current Market Cap: $8.04B
See more data about SKM stock on TipRanks’ Stock Analysis page.