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 May 2023

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  ☐

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-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.

 

 

 

SIGNATURES

 

Decision to Acquire of Treasury Shares

 

•

Number of shares to be acquired : 4,994 (common shares)

 

•

Estimated total amount : KRW 156,561,900

 

*

The amount above is calculated based on the closing price of KT stock on May 10, 2023, and there are no actual costs or cash payments for the share repurchase.

 

•

Period of Acquisition : From May 11, 2023 to August 10, 2023

 

•

Purpose of Acquisition : Acquisition of treasury share following cancellation of payment of long-term performance shares already paid

 

•

Method of Acquisition : Over-the-Counter Acquisition

 

•

The Number of Treasury Shares before Disposal : 5,069,130 (1.94% of total outstanding shares issued)

 

•

Date of Resolution : May 11, 2023