[6-K] KT Corp. Current Report (Foreign Issuer)
KT Corporation terminated a treasury share trust with Shinhan Securities Co., Ltd. on August 13, 2025, completing acquisitions under a trust sized at KRW 250,000,000,000. From February through August 2025 the trust purchased 4,840,517 shares totaling KRW 249,999,964,475, with the final share intentionally not purchased to avoid exceeding the trust amount. After the trust termination and transfer, KT holds 10,962,622 common shares as treasury stock, representing 4.34% and recorded as KRW 461,641 million. All transaction dates are based on settlement date.
- Trust fully executed to planned scale: Purchases totaled KRW 249,999,964,475 of a KRW 250,000,000,000 trust.
- Substantial transfer to treasury: 4,840,517 shares were transferred after termination, bringing total treasury holdings to 10,962,622 shares (4.34%).
- Clear disclosure: Filing identifies the trustee (Shinhan Securities), termination date (Aug 13, 2025), and itemized monthly purchase amounts.
- None.
Insights
TL;DR Completed near-maximum treasury acquisitions under a KRW 250bn trust; company treasury now 4.34% of shares.
The filing documents a routine corporate liquidity/capital management action: the trust purchased 4,840,517 shares for KRW 249,999,964,475 across Feb–Aug 2025 and was terminated on August 13, 2025. The transfer increases KT's reported treasury holdings to 10,962,622 common shares (4.34%) valued at KRW 461,641 million. The report notes one final share was not purchased to avoid exceeding the trust cap, explaining the trivial difference between planned and actual amounts.
TL;DR Trust termination transferred 4.84M shares to company custody; the filing is a clear, disclosed update of treasury share status.
The report provides transparent disclosure of the trust termination process, the trustee (Shinhan Securities), and detailed monthly purchase volumes and amounts. Post-termination treasury ownership is explicitly stated as 10,962,622 shares (4.34%), with holdings recorded as KRW 461,641 million. The disclosure includes settlement-date basis and a stated reason for the marginal shortfall versus the planned KRW 250,000,000,000 amount.