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[6-K] POSCO Holdings Inc. American Current Report (Foreign Issuer)

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(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

POSCO HOLDINGS INC. adjusted the exchange price on its foreign-currency denominated exchangeable bonds issued September 1, 2021, following a cash dividend. The exchange price was changed from 433,278 KRW to 425,631 KRW, and the number of shares available for conversion, exercise, and exchange increased from 85,083 to 86,611. The total par value of non-exercised securities is stated as 36,864,672,000 KRW (converted using the 1,360.32 EUR/KRW standard exchange rate announced August 13, 2021).

The company describes the contractual basis and formula for this adjustment and confirms the adjustment is effective August 28, 2025, immediately after the record date of August 27, 2025. The disclosure is limited to the mechanics and figures of the adjustment.

POSCO HOLDINGS INC. ha adeguato il prezzo di conversione delle obbligazioni exchangeable denominate in valuta estera emesse il 1° settembre 2021 a seguito di un dividendo in contanti. Il prezzo di conversione è passato da 433,278 KRW a 425,631 KRW, e il numero di azioni convertibili, esercitabili o scambiabili è aumentato da 85,083 a 86,611. Il valore nominale totale dei titoli non esercitati è indicato in 36,864,672,000 KRW (convertito utilizzando il tasso EUR/KRW di 1,360.32 pubblicato il 13 agosto 2021).

La società illustra la base contrattuale e la formula di calcolo di questo adeguamento e conferma che lo stesso entra in vigore il 28 agosto 2025, immediatamente dopo la data di registrazione del 27 agosto 2025. La comunicazione è limitata agli aspetti meccanici e ai dati numerici dell'adeguamento.

POSCO HOLDINGS INC. ajustó el precio de canje de sus bonos intercambiables denominados en moneda extranjera emitidos el 1 de septiembre de 2021 tras un dividendo en efectivo. El precio de canje pasó de 433,278 KRW a 425,631 KRW, y el número de acciones susceptibles de conversión, ejercicio o intercambio aumentó de 85,083 a 86,611. El valor nominal total de los títulos no ejercitados se indica como 36,864,672,000 KRW (convertido aplicando el tipo de cambio EUR/KRW de 1,360.32 publicado el 13 de agosto de 2021).

La compañía expone la base contractual y la fórmula de este ajuste y confirma que entra en vigor el 28 de agosto de 2025, inmediatamente después de la fecha de registro del 27 de agosto de 2025. La divulgación se limita a la mecánica y las cifras del ajuste.

POSCO HOLDINGS INC.는 2021년 9월 1일 발행된 외화표시 교환사채의 교환가격을 현금배당에 따라 조정했습니다. 교환가격은 433,278 KRW에서 425,631 KRW로 변경되었고, 전환·행사·교환 가능한 주식 수는 85,083에서 86,611으로 증가했습니다. 미행사 증권의 총 액면금액은 36,864,672,000 KRW로 기재되어 있으며 (2021년 8월 13일 공시된 EUR/KRW 기준환율 1,360.32 적용)입니다.

회사는 이 조정의 계약적 근거와 계산 공식을 설명하고, 해당 조정이 2025년 8월 28일에 효력이 발생한다고 확인했습니다(기록일인 2025년 8월 27일 직후). 공시는 조정의 절차와 수치에 한정됩니다.

POSCO HOLDINGS INC. a ajusté le prix d'échange de ses obligations échangeables libellées en devise étrangère émises le 1er septembre 2021 suite à un dividende en espèces. Le prix d'échange est passé de 433,278 KRW à 425,631 KRW, et le nombre d'actions susceptibles d'être converties, exercées ou échangées est passé de 85,083 à 86,611. La valeur nominale totale des titres non exercés est indiquée à 36,864,672,000 KRW (convertie en utilisant le taux EUR/KRW de 1,360.32 annoncé le 13 août 2021).

La société précise la base contractuelle et la formule de cet ajustement et confirme son entrée en vigueur le 28 août 2025, immédiatement après la date d'enregistrement du 27 août 2025. La communication se limite aux mécanismes et aux chiffres de l'ajustement.

POSCO HOLDINGS INC. hat den Umtauschpreis für seine in Fremdwährung begebenen exchangeable Bonds vom 1. September 2021 nach einer Bardividende angepasst. Der Umtauschpreis wurde von 433,278 KRW auf 425,631 KRW geändert, und die Anzahl der für Umtausch/Einlösung verfügbaren Aktien stieg von 85,083 auf 86,611. Der gesamte Nennbetrag der nicht ausgeübten Wertpapiere wird mit 36,864,672,000 KRW angegeben (umgerechnet mit dem EUR/KRW-Wechselkurs 1,360.32, veröffentlicht am 13. August 2021).

Das Unternehmen erläutert die vertragliche Grundlage und die Berechnungsformel dieser Anpassung und bestätigt, dass sie mit Wirkung zum 28. August 2025 in Kraft tritt, unmittelbar nach dem Record Date vom 27. August 2025. Die Bekanntgabe beschränkt sich auf die Mechanik und die Zahlen der Anpassung.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine contractual adjustment to exchangeable bonds after a cash dividend; exchange price and convertible share counts updated.

The filing documents a mechanical adjustment required by the bond terms when a cash dividend is paid. It reports the exchange price moving from 433,278 KRW to 425,631 KRW and the convertible share count rising to 86,611. The company cites the contractual formula and the effective date of August 28, 2025. For investors, this is a technical change to conversion economics rather than a new financing or strategic transaction; the report provides the key figures and the formula used without additional commentary.

TL;DR: Adjustment follows defined bond provisions; disclosure supplies basis, method, and exact post-adjustment figures.

The disclosure identifies the trigger (a cash dividend) and the contractual adjustment method, including the averaging definition for the 'current market price' and the exchange rate used to express total par value in KRW. It notes the affected securities are foreign-currency denominated exchangeable bonds issued on September 1, 2021, and states the effective date. The filing is procedural and focused on compliance with bond adjustment provisions.

POSCO HOLDINGS INC. ha adeguato il prezzo di conversione delle obbligazioni exchangeable denominate in valuta estera emesse il 1° settembre 2021 a seguito di un dividendo in contanti. Il prezzo di conversione è passato da 433,278 KRW a 425,631 KRW, e il numero di azioni convertibili, esercitabili o scambiabili è aumentato da 85,083 a 86,611. Il valore nominale totale dei titoli non esercitati è indicato in 36,864,672,000 KRW (convertito utilizzando il tasso EUR/KRW di 1,360.32 pubblicato il 13 agosto 2021).

La società illustra la base contrattuale e la formula di calcolo di questo adeguamento e conferma che lo stesso entra in vigore il 28 agosto 2025, immediatamente dopo la data di registrazione del 27 agosto 2025. La comunicazione è limitata agli aspetti meccanici e ai dati numerici dell'adeguamento.

POSCO HOLDINGS INC. ajustó el precio de canje de sus bonos intercambiables denominados en moneda extranjera emitidos el 1 de septiembre de 2021 tras un dividendo en efectivo. El precio de canje pasó de 433,278 KRW a 425,631 KRW, y el número de acciones susceptibles de conversión, ejercicio o intercambio aumentó de 85,083 a 86,611. El valor nominal total de los títulos no ejercitados se indica como 36,864,672,000 KRW (convertido aplicando el tipo de cambio EUR/KRW de 1,360.32 publicado el 13 de agosto de 2021).

La compañía expone la base contractual y la fórmula de este ajuste y confirma que entra en vigor el 28 de agosto de 2025, inmediatamente después de la fecha de registro del 27 de agosto de 2025. La divulgación se limita a la mecánica y las cifras del ajuste.

POSCO HOLDINGS INC.는 2021년 9월 1일 발행된 외화표시 교환사채의 교환가격을 현금배당에 따라 조정했습니다. 교환가격은 433,278 KRW에서 425,631 KRW로 변경되었고, 전환·행사·교환 가능한 주식 수는 85,083에서 86,611으로 증가했습니다. 미행사 증권의 총 액면금액은 36,864,672,000 KRW로 기재되어 있으며 (2021년 8월 13일 공시된 EUR/KRW 기준환율 1,360.32 적용)입니다.

회사는 이 조정의 계약적 근거와 계산 공식을 설명하고, 해당 조정이 2025년 8월 28일에 효력이 발생한다고 확인했습니다(기록일인 2025년 8월 27일 직후). 공시는 조정의 절차와 수치에 한정됩니다.

POSCO HOLDINGS INC. a ajusté le prix d'échange de ses obligations échangeables libellées en devise étrangère émises le 1er septembre 2021 suite à un dividende en espèces. Le prix d'échange est passé de 433,278 KRW à 425,631 KRW, et le nombre d'actions susceptibles d'être converties, exercées ou échangées est passé de 85,083 à 86,611. La valeur nominale totale des titres non exercés est indiquée à 36,864,672,000 KRW (convertie en utilisant le taux EUR/KRW de 1,360.32 annoncé le 13 août 2021).

La société précise la base contractuelle et la formule de cet ajustement et confirme son entrée en vigueur le 28 août 2025, immédiatement après la date d'enregistrement du 27 août 2025. La communication se limite aux mécanismes et aux chiffres de l'ajustement.

POSCO HOLDINGS INC. hat den Umtauschpreis für seine in Fremdwährung begebenen exchangeable Bonds vom 1. September 2021 nach einer Bardividende angepasst. Der Umtauschpreis wurde von 433,278 KRW auf 425,631 KRW geändert, und die Anzahl der für Umtausch/Einlösung verfügbaren Aktien stieg von 85,083 auf 86,611. Der gesamte Nennbetrag der nicht ausgeübten Wertpapiere wird mit 36,864,672,000 KRW angegeben (umgerechnet mit dem EUR/KRW-Wechselkurs 1,360.32, veröffentlicht am 13. August 2021).

Das Unternehmen erläutert die vertragliche Grundlage und die Berechnungsformel dieser Anpassung und bestätigt, dass sie mit Wirkung zum 28. August 2025 in Kraft tritt, unmittelbar nach dem Record Date vom 27. August 2025. Die Bekanntgabe beschränkt sich auf die Mechanik und die Zahlen der Anpassung.

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2025

Commission File Number: 1-13368

 

 

POSCO HOLDINGS INC.

(Translation of registrant’s name into English)

 

 

POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, 06194

(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 ☐

 

 
 


Adjustment of Conversion Price, Exercise Price of Preemptive Rights, and Exchange Price

 

1. Type    Adjustment of exchange price
   
2. Class of Bonds   

Foreign currency denominated exchangeable bonds

(Issued September 1, 2021)

   
- Listing of Warrants    Not applicable
       
3. Details of
Adjustment
   Series No.    Pre-adjustment price (KRW)    Post-adjustment price (KRW)
   -    433,278     425,631 
         
4. Changes in Securities    Series No.    Total par value (electronic registration) of non-exercised securities (KRW)    Number of shares available for conversion, exercise, and exchange before adjustment (shares)    Number of shares available for conversion, exercise, and exchange after adjustment (shares)
   -    36,864,672,000     85,083     86,611 
   
5. Reasons for Adjustment    Adjustment of exchange price following cash dividend of POSCO HOLDINGS INC.
   
6. Basis and Method for
Adjustment
  

1) Grounds for adjustment: Adjustment of the exchange price following cash dividends

 

-In the event of any reasons for adjustment of the exchange price, such as capital increase without consideration, stock split, reverse stock split, change of stock class, issuance of options or warrants to shareholders, stock dividends, cash dividends, issuance of new shares below market price, etc., the exchange price will be adjusted according to the relevant bond conditions.

 

2) Method of adjustment

 

Post adjustment adjusted price = Pre adjustment adjusted price x [(*Current market price - Cash dividends equivalent to 1 share)/*Current market price]

   
7. Effective Date of Adjusted Price    August 28, 2025


8. Date of Board Resolution
(Decision Date)
   -
     
- Attendance of Outside Directors    Present (No.)    -
   Absent (No.)    -
   
- Attendance of
Auditors(members of Audit Committee)
   -
   
9. Other references useful for making investment decisions   

- ‘Total par value (electronic registration) of non-exercised securities (KRW)‘of ‘4. Changes in Securities’ above was converted into KRW by applying the standard exchange rate (standard exchange rate of 1,360.32 EUR/KRW announced by Seoul Foreign Exchange Brokerage Co., Ltd. on August 13, 2021).

 

- ‘Current market price’ of ‘6.2 Method adjustment’ above means the amount obtained by taking an arithmetic average of the closing prices of 20 trading days until the immediately preceding trading day, including the immediately preceding trading day of the date started, with the trading day immediately preceding the date of disclosure of the initial dividend being the date started.

 

- Above ‘7. Effective Date of Adjusted Price’ will take effect on Auguest 28, 2025 which is immediately after the record date for the 2th quarter 2025 (August 27, 2025).


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.

 

    POSCO HOLDINGS INC.
    (Registrant)
Date: August 12, 2025     By   /s/ Han, Young-Ah
      (Signature)
      Name: Han, Young-Ah
      Title: Senior Vice President

FAQ

What change did POSCO (PKX) announce in this Form 6-K?

POSCO adjusted the exchange price on its foreign-currency exchangeable bonds from 433,278 KRW to 425,631 KRW following a cash dividend.

When does the adjusted exchange price take effect for POSCO (PKX)?

The adjusted exchange price is effective on August 28, 2025, immediately after the record date of August 27, 2025.

How did the adjustment affect the number of convertible shares for POSCO (PKX)?

The number of shares available for conversion, exercise, and exchange increased from 85,083 to 86,611.

What total par value of non-exercised securities is reported?

The filing reports a total par value of non-exercised securities of 36,864,672,000 KRW (converted using a 1,360.32 EUR/KRW rate announced August 13, 2021).

Which securities are subject to this adjustment?

The adjustment applies to foreign-currency denominated exchangeable bonds issued on September 1, 2021.
POSCO HOLDINGS

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