0001193125-24-092608.txt : 20240411 0001193125-24-092608.hdr.sgml : 20240411 20240411095327 ACCESSION NUMBER: 0001193125-24-092608 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240411 FILED AS OF DATE: 20240411 DATE AS OF CHANGE: 20240411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KT CORP CENTRAL INDEX KEY: 0000892450 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14926 FILM NUMBER: 24837334 BUSINESS ADDRESS: STREET 1: 206 JUNGJA DONG, BUNDANG GU, STREET 2: SUNGNAM, KYUNGGI DO, 463-711, CITY: KOREA M5 STATE: M5 ZIP: 463-711 BUSINESS PHONE: 82-31-727-0114 MAIL ADDRESS: STREET 1: KT GWANGHWAMUN BUILDING EAST, STREET 2: 33 JONGNO-3-GIL, JONGNO-GU, CITY: SEOUL, 110-130, KOREA M5 STATE: M5 ZIP: 110-130 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM CORP DATE OF NAME CHANGE: 19971006 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM DATE OF NAME CHANGE: 19950130 6-K 1 d752595d6k.htm FORM 6-K Form 6-K

 

 

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 April 2024

Commission File Number 1-14926

 

 

KT Corporation

(Translation of registrant’s 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 ☐

 

 

 

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: April 11, 2024
KT Corporation
By:  

/s/ Youngkyoon Yun

Name:  

Youngkyoon Yun

Title:   Vice President
By:  

/s/ Sanghyun Cho

Name:   Sanghyun Cho
Title:   Director

Decision to Dispose Treasury Shares

 

     
1. Number of shares to be disposed    Common Shares    108,128
   Other Shares    — 
     
2. Share Price for Disposal (KRW)    Common Shares    36,400
   Other Shares    — 
     
3. Estimated Total Amount* (KRW)    Common Shares    3,935,859,200
   Other Shares    — 
   
4. Period of Disposal    From April 11, 2024 to June 24, 2024
   
5. Purpose of Disposal    To pay long-term performance-based incentives to executive officers and stock grant to outside directors for the year 2023 in the form of treasury shares.
   
6. Method of Disposal    Off-market transaction
   
8. Number of Treasury Shares before Disposal    11,447,338
(4.45% of total outstanding shares)
   
9. Date of Resolution    April 11, 2024

 

*

The above amount is calculated based on the closing price of KT common share of KRW 36,400 per share on April 9, 2024, and is subject to change according to the closing price on the actual disposal date.