Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
October 17 2023 - 6:07AM
Edgar (US Regulatory)
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 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 ☐
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.
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| Dated: October 17, 2023 |
| KT Corporation |
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| By: |
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/s/ Seunghoon Chi |
| Name: |
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Seunghoon Chi |
| Title: |
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Vice President |
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| By: |
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/s/ Sanghyun Cho |
| Name: |
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Sanghyun Cho |
| Title: |
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Director |
Mid-term Shareholder Return Policy
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| 1. Details of Policy |
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[Shareholder
Return Policy from FY2023 to FY2025]
• Shareholder return resource : 50% of adjusted annual net income (KT’s stand-alone basis)
• Shareholder return method :
Cash dividend and Treasury share buyback and termination
• Cash dividend : Minimum FY2022 dividend per share level(even in the case of insufficient funds for
shareholder return)
• Quarterly dividends are expected to be implemented from the first quarter of 2024. |
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| 2. Additional Details Relevant to Investment Consideration |
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• Shareholder return policy stated above may be subject to change depending on the business
environment and market conditions.
• Quarterly dividends will be initiating after the approval of the amendment to the Articles of
Incorporation for the introduction of quarterly dividends, at the 42nd Annual General Meeting(“AGM”) of shareholders 2024.
• KT’s adjusted annual net income(stand-alone basis) stated above will be calculated by
excluding items such as non-cash items. |
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