KT Corporation Decision on Termination of Trust Contract for Acquisition of Treasury Stock
Original title (Korean): 주요사항보고서(자기주식취득신탁계약해지결정)
AI Summary
Original filing ↓KT Decides to Terminate KRW 250 billion Treasury Stock Acquisition Trust Contract
- KT has decided to terminate a treasury stock acquisition trust contract worth KRW 250 billion.
- The scheduled termination date is Sep 9, 2026.
- The purpose of the termination is to implement the 'Corporate Value Enhancement Plan' (cancellation of all acquired treasury shares).
- The scheduled shares for termination are 4,480,551 common shares.
- The pre-termination treasury stock holding status is 10,815,473 common shares (4.29%).
Notes This matter is a 'termination of trust contract' due to 'expiration of the contract period' and is not a board resolution item. · At the time of termination, the foreign ownership limit (49%) under Article 8 of the Telecommunications Business Act has been reached, making cancellation impossible. · Cancellation is planned to proceed at a future time when full cancellation is possible.
This summary was generated automatically from the Korean filing and may contain errors. The original Korean filing prevails.
Original filing
The full filing is available in Korean only.
Other English summaries from KT
| Date | Filing |
|---|---|
| Nov 10, 2026 | Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure) AIKT Corporation Announces Preliminary Q3 2026 Results with Revenue KRW 6.99 trillion and Operating Income KRW 505.3 billion |
| Nov 10, 2026 | Interim Report on Business Performance (Fair Disclosure) AIKT Corporation Announces Preliminary Q3 2026 Results: Revenue KRW 4.98 trillion Operating Income KRW 299.3 billion |
Source: Financial Supervisory Service, Data Analysis, Retrieval and Transfer System (DART), via OpenDART. https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260909000349
DART receipt no. 20260909000349