Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

 

 

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 October 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 ☐

 

 

 

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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: October 15, 2024
KT Corporation
By:		/s/ Youngkyoon Yun
Name: Youngkyoon Yun
Title: Vice President
By:		/s/ Sanghyun Cho
Name: Sanghyun Cho
Title: Director

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Decision to Dispose Treasury Shares

 

1. Number of shares to be disposed		Common Shares		7,171
		Other Shares		—
2. Share Price for Disposal (KRW)		Common Shares		40,900
		Other Shares		—
3. Estimated Total Amount (KRW)		Common Shares		293,293,900
		Other Shares		—
4. Period of Disposal				From October 15, 2024 to December 23, 2024
5. Purpose of Disposal				To pay pending long-term performance-based compensation with treasury shares
6. Method of Disposal				Over-the-counter disposal
7. Broker				NH Securities
8. Number of Treasury Shares before Disposal				6,195,910 (2.46% of total outstanding shares)
9. Date of Resolution				October 15, 2024
10. Additional details relevant to investment consideration				- Item 3 above is calculated based on the closing price of the day before the board resolution, thus the actual disposal amount may vary based on the closing price of the date of disposal.

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