STOCK TITAN

KT Corporation (NYSE: KT) to recover long-term incentive shares via treasury stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

KT Corporation approved the acquisition of an estimated 3,532 treasury shares for the recovery of previously granted long-term incentive shares. The estimated total acquisition amount is KRW 186,136,400, calculated using the closing market price on the trading day immediately preceding the board resolution.

The acquisition may take place from July 15, 2026 to October 14, 2026 through over-the-counter transactions. KT Corporation states that, because this relates to the cancellation of stock-based compensation, no actual cash expenditure will be incurred. Treasury shares before this decision totaled 13,889,877 shares, or 5.51% of total outstanding shares.

The maximum number of shares that may be purchased per day is 105,332 shares, calculated in accordance with the Regulations on Issuance and Disclosure of Securities. The Audit Committee is composed entirely of outside directors, and the board resolution was adopted on July 14, 2026.

Positive

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Negative

  • None.
Estimated treasury shares to be acquired 3,532 shares Treasury shares targeted for acquisition to recover long-term incentive shares
Estimated acquisition amount KRW 186,136,400 Calculated using the closing market price on the trading day before the board resolution
Acquisition period July 15, 2026 to October 14, 2026 Authorized window for acquiring the treasury shares over the counter
Treasury shares before acquisition 13,889,877 shares Representing 5.51% of total outstanding shares before this decision
Daily purchase limit 105,332 shares Maximum number of treasury shares that may be acquired per day under regulations
10% of scheduled acquisition 353 shares Component used in calculating the daily purchase limit
25% of 1-month average daily volume 105,332 shares Component used in calculating the daily purchase limit
1% of total issued shares 2,520,216 shares Upper bound input for the daily purchase limit formula
treasury shares financial
"Estimated number of shares to be acquired ... Number of treasury shares before acquisition"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
long-term incentive shares financial
"Purpose of acquisition | Recovery of previously granted long-term incentive shares"
stock-based compensation financial
"this matter relates to the cancellation of stock-based compensation, no actual cash expenditure"
Stock-based compensation is when a company pays employees, directors or consultants with shares or the right to buy shares instead of or in addition to cash. It matters to investors because issuing stock or options spreads ownership thinner (like cutting a pie into more slices), which can reduce each existing share’s claim on profits and can also change reported earnings; investors watch it to assess true cost of running the business and how management is incentivized.
Audit Committee regulatory
"The Company’s Audit Committee is composed entirely of outside directors."
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
average daily trading volume financial
"25% of the average daily trading volume during the one-month period"
The average daily trading volume is the typical number of shares or units of a security that change hands each trading day, calculated over a set period. It tells investors how active a market is—like average traffic on a road—so higher volume usually means easier, faster trades and smaller price swings when buying or selling, while low volume can make orders harder to fill and cause bigger price moves.
Regulations on Issuance and Disclosure of Securities regulatory
"calculated in accordance with Article 5-5(1)2 of the Regulations on Issuance and Disclosure of Securities"
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FAQ

What treasury share acquisition did KT (KT) approve in July 2026?

KT Corporation approved acquiring an estimated 3,532 treasury shares tied to long-term incentive awards. The reference value is KRW 186,136,400, using the prior trading day’s closing price, and the acquisition window runs from July 15 to October 14, 2026.

What is the purpose of KT (KT) acquiring 3,532 treasury shares?

The stated purpose is the recovery of previously granted long-term incentive shares. KT Corporation also notes that, because this relates to the cancellation of stock-based compensation, no actual cash expenditure will be incurred despite the disclosed reference acquisition amount.

How much is KT’s planned treasury share acquisition worth in KRW?

The plan references an estimated value of KRW 186,136,400 for acquiring 3,532 treasury shares. This amount is calculated using the closing market price on the trading day immediately before the board’s resolution and serves as a disclosure reference rather than expected cash outflow.

What limits apply to KT (KT) treasury share purchases per day?

KT Corporation set a daily purchase cap of 105,332 shares under the Regulations on Issuance and Disclosure of Securities. This limit is based on comparisons among 10% of scheduled acquisition shares, 25% of recent average daily volume, and 1% of total issued shares.

How many treasury shares did KT hold before this new acquisition plan?

Before the new decision, KT Corporation held 13,889,877 treasury shares, representing 5.51% of its total outstanding shares. The additional planned acquisition of an estimated 3,532 shares is for recovering long-term incentive shares tied to stock-based compensation cancellation.

What corporate governance details did KT (KT) disclose about this decision?

The board resolution authorizing the treasury share acquisition was dated July 14, 2026, with six outside directors present and one absent. KT Corporation also states its Audit Committee is composed entirely of outside directors, highlighting independent oversight of this decision.

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 July 2026
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 





Decision to Acquire Treasury Shares

1. Estimated number of shares to be acquired
3,532
2. Estimated total amount of acquisition (KRW)186,136,400
3. Period of acquisitionFrom July 15, 2026 to October 14, 2026
4. Expected holding period-
5. Purpose of acquisitionRecovery of previously granted long-term incentive shares
6. Method of acquisitionOver-the-counter acquisition
7. Intermediary agent-
8. Number of treasury shares before acquisition13,889,877(5.51% of total outstanding shares)
9. Date of resolutionJuly 14, 2026
Attendance of outside directors
Present(No.)6
Absent(No.)1
10. Limit of share purchase per day (shares)105,332
11. Additional Details Relevant to Investment Consideration
Item 2 above is calculated based on the closing market price on the trading day immediately preceding the date of the board resolution. However, as this matter relates to the cancellation of stock-based compensation, no actual cash expenditure will be incurred.
The Company’s Audit Committee is composed entirely of outside directors.
Item 10 above is calculated in accordance with Article 5-5(1)2 of the Regulations on Issuance and Disclosure of Securities, as follows:

Calculation Method: The lesser of (i) the greater of ① and ② below and (ii) ③ below.
① 10% of the number of shares scheduled for acquisition: 353 common shares
② 25% of the average daily trading volume during the one-month period immediately preceding the date of the board resolution: 105,332 common shares
③ 1% of the total number of issued shares: 2,520,216 common shares (rounded down to the nearest whole share)




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: July 14, 2026
KT Corporation
By:/s/ Sun Wook Kim
Name: Sun Wook Kim
Title: IRO
By:/s/ Sanghyun Cho
Name: Sanghyun Cho
Title: IR Team Leader