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 November 2021
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- ______
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: November 15, 2021 | ||
| KT Corporation | ||
| By: | /s/ Seunghoon Chi | |
| Name: Seunghoon Chi | ||
| Title: Vice President | ||
| By: | /s/ Ginah Yun | |
| Name: Ginah Yun | ||
| Title: Director | ||
Decision to Dispose of Treasury Shares
| ● | Number of shares to be disposed: 1,432,332 (common shares) |
| ● | Estimated total amount: KRW 43,829,359,200 |
* The above amount is calculated based on the closing price of KT stock on November 8, 2021; estimated amount is subject to change depending on actual selling price.
| ● | Period of disposal: From November 10, 2021 to December 29, 2021 |
| ● | Purpose of disposal: Disposal of treasury shares in order to provide stock grant compensation to employees |
| ● | Method of disposal: Off-market disposition |
| ● | Date of resolution by the Board of Directors: November 9, 2021 |
