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KT (NYSE: KT) to cancel 4,215,851 treasury shares via 2026 buyback

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

Rhea-AI Filing Summary

KT Corporation has approved a plan to acquire and cancel an estimated 4,215,851 common shares of its own stock. The planned cancellation amount is KRW 250,000,000,000, calculated using the KRW 59,300 closing share price on February 9, 2026.

The company will buy back shares under a trust contract with NH Investment & Securities from March 10, 2026 to September 9, 2026, then cancel all treasury shares after the trust ends. The move is intended to enhance corporate value under KT’s “Corporate Value-Up Plan,” subject to Korea’s 49% foreign ownership limit.

Positive

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Negative

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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 February 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 Cancel Treasury Shares

1. Estimated number of shares to be canceled4,215,851 common shares
2. Total number of outstanding shares252,021,685
3. Par value per share (KRW)5,000
4. Estimated total amount of cancellation (KRW)250,000,000,000
5. Buyback period for the cancellationFrom March 10, 2026 to September 9, 2026
6. Method of buybackTrust contract to acquire treasury shares
7. Expected date of cancellation-
8. Agent for treasury share acquisitionNH INVESTMENT & SECURITIES CO.,LTD
9. Date of resolution by the BoDFebruary 10, 2026
-Attendance of outside directorsPresent (No.)7
Absent (No.)0
10. Additional Details Relevant to Investment Consideration
Legal basis of cancellation of treasury shares: Article 343 Paragraph 1 of the Commercial Act
This share cancellation is to enhance corporate value by acquiring and canceling treasury shares within the limit of earnings available for dividends, in accordance with the 'Corporate Value-Up Plan' announced on November 11, 2025.
Item 1 above is calculated based on the closing price (KRW 59,300) of the Company’s shares on February 9, 2026, which is the day before the resolution by the Board of Directors. The number of shares to be canceled and the cancellation amount may change pursuant to changes in the Company’s share price.
Item 4 above is based on the amount of cancellation specified under the resolution of the Board of Directors passed on the current day.
Details on Item 6 above are included in today’s filing of ‘Decision to Enter into a Trust Contract to Acquire Treasury Shares’.
Regarding Item 7, all treasury shares acquired will be canceled after the termination of the trust contract. However, if the foreign ownership limit (49%) under Article 8 of the Telecommunications Business Act is exhausted at that time, the shares acquired through this resolution will be canceled at the earliest possible time.




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: February 10, 2026
KT Corporation
By:/s/ Jaegil Choi
Name: Jaegil Choi
Title: IRO
By:/s/ Okdong Yoo
Name: Okdong Yoo
Title: IR Team Leader

FAQ

What share cancellation did KT (KT) approve in this Form 6-K?

KT Corporation approved a plan to cancel an estimated 4,215,851 common shares. The cancellation is based on a KRW 250,000,000,000 limit and aims to enhance corporate value under its previously announced Corporate Value-Up Plan.

How much will KT (KT) spend on its treasury share cancellation plan?

KT plans an estimated cancellation amount of KRW 250,000,000,000. This figure is tied to a share buyback using the KRW 59,300 closing price on February 9, 2026 and is subject to change with share price movements.

Over what period will KT (KT) buy back shares for cancellation?

KT will buy back shares from March 10, 2026 to September 9, 2026. During this period, shares will be acquired through a trust contract and later canceled as treasury shares in line with its Corporate Value-Up Plan.

What method will KT (KT) use to acquire shares for cancellation?

KT will use a trust contract to acquire treasury shares for cancellation. NH Investment & Securities Co., Ltd will act as the acquisition agent, executing purchases during the specified buyback period under the Board-approved plan.

Why is KT (KT) cancelling treasury shares according to this filing?

KT states the share cancellation is intended to enhance corporate value. The action is carried out within earnings available for dividends and aligns with the Corporate Value-Up Plan announced on November 11, 2025 under Korean commercial law provisions.

How does the foreign ownership limit affect KT’s share cancellation?

KT notes that all treasury shares acquired will be canceled after the trust ends. However, if the 49% foreign ownership limit under the Telecommunications Business Act is fully used, shares from this resolution will be canceled at the earliest possible time.
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