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 ☐
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 | ||
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. | |||