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.
| Dated: March 28, 2024 | ||
| KT Corporation | ||
| By: | /s/ Youngkyoon Yun | |
| Name: Youngkyoon Yun | ||
| Title: Vice President | ||
| By: | /s/ Sanghyun Cho | |
| Name: Sanghyun Cho | ||
| Title: Director | ||
Result of the 42nd Annual General Meeting of Shareholders
| 1. | Approval of Financial Statements |
(Unit: KRW millions, except for EPS)
The 42nd Fiscal Year (Year-ended on December 31, 2023)
| Consolidated | Total Assets | 42,709,982 | Revenues | 26,376,273 | ||||||
| Total Liabilities | 24,148,845 | Operating Income | 1,649,774 | |||||||
| Share Capital | 1,564,499 | Net Income | 988,718 | |||||||
| Total Equity | 18,561,137 | Basic EPS (KRW) | 4,043 | |||||||
| KT Separate | Total Assets | 30,308,919 | Revenues | 18,371,437 | ||||||
| Total Liabilities | 15,265,380 | Operating Income | 1,185,392 | |||||||
| Share Capital | 1,564,499 | Net Income | 933,337 | |||||||
| Total Equity | 15,043,539 | Basic EPS (KRW) | 3,741 | |||||||
| Auditor Opinion | Consolidated | Unqualified | ||||||||
| KT Separate | Unqualified | |||||||||
| 2. | Resolution of Dividends |
| Type of Dividend | Cash Dividend | |
| Cash Dividend per Share (KRW) | 1,960 | |
| Total Amount of Cash Dividends (KRW) | 482,970,307,120 | |
| Dividend Yield (%) | 5.5 |
| 3. | Status of Directors after Annual General Shareholders’ Meeting |
| Total Number of Directors | 10 | |
| Number of Outside Directors | 8 | |
| Proportion of Outside Directors | 80.0% |
| 4. | Result of Resolutions |
Agenda No 1. Approval of Financial Statements for the 42nd Fiscal Year
| ® | Approved as originally proposed |
Agenda No.2 Amendment to the Articles of Incorporation
| • | Agenda No.2-1 Introduction of Quarterly Dividends |
| ® | Approved as originally proposed |
| • | Agenda No. 2-2 Change of Record Date for Dividend Payment |
| ® | Approved as originally proposed |
| • | Agenda No. 2-3 Clarification of Terminology |
| ® | Approved as originally proposed |
Agenda No. 3 Approval of Ceiling Amount on Remuneration for Directors
| ® | Approved as originally proposed |
| 5. | Date of Annual General Meeting of Shareholders: March 28, 2024 |
| 6. | Reference: The AGM Notice filed on March 7, 2024 |
