SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2020
Commission File Number 1-14926
KT Corporation
(Translation of registrants name into English)
90, Buljeong-ro,
Bundang-gu, Seongnam-si,
Gyeonggi-do,
Korea
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: November 6, 2020 | ||
KT Corporation | ||
By: | /s/ Seunghoon Chi | |
Name: | Seunghoon Chi | |
Title: | Vice President | |
By: | /s/ Youngkyoon Yun | |
Name: | Youngkyoon Yun | |
Title: | Director |
Decision to Enter into a Trust Agreement for Acquisition of Treasury Shares
● | Contract amount: KRW 300,000,000,000 |
● | Contract period: From November 6, 2020 to November 5, 2021 |
● | Purpose of contract: |
To enhance the shareholders value through stabilization of share price
● | Trust agreement company: NH Investment & Securities Co., Ltd. |
● | Number of treasury shares as of November 5, 2020: |
15,739,783 (Equivalent to 6.03% of the total number of issued shares)
● | Date of resolution by the Board of Directors: November 5, 2020 |