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 March 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.

 

Result of Acquisition of Treasury Shares

 

1.	Submission Date of Related Report : February 8, 2024 (Title : Decision to Acquire Treasury Shares)

 

2.	Period of Acquisition : From February 15, 2024 to March 13, 2024

ø The period mentioned above is based on transaction date. The completion of treasury share acquisition (the final settlement date of the transaction) is March 15, 2024.

 

3.	Result of Acquisition

 

Type of Share

Total Number of Shares

Average Price Per Share*

Total Value of Acquisition*

Ordered

Acquired

Common shares

735,000

695,775

KRW 38,949

KRW 27,100,060,600

 

*	The ‘average price per share’ and ‘total value of acquisition’ do not include brokerage fees.

 

4.	Confirmation of Consistency between the Planned and Actual Acquisition Details

 

Planned Acquisition of Shares

Actual Acquisition of Shares

Consistency

Common shares

Other shares

Common shares

Other shares

715,985

—

695,775

—

Inconsistent

*

 

*

Reason for inconsistency: The “Planned Acquisition of Shares” is the quantity determined by the closing price (KRW 37,850) of the day before the resolution (February 6, 2024) and the planned acquisition amount of KRW 27.1 billion resolved by the Board of Directors. “Actual Acquisition of Shares” is the quantity acquired through on-market purchases, resulting in the change of number of shares due to fluctuations in the stock price.

 

5.	Treasury Shares after Acquisition

 

																										(Unit : KRW million, Shares, %)
Type of Share		Treasury Shares Under Regulation of Act 3 of Article 165 (A)												Treasury Shares Under a Trust Contract of Act 3 of Article 165 (B)												Total (A+B)
		Number of Shares				%				Value				Number of Shares				%				Value				Number of Shares				%				Value
Common shares			12,143,113				4.71				425,175				—				—				—				12,143,113				4.71				425,175