KT Corp Files 6-K Report
Ticker: KT · Form: 6-K · Filed: Nov 5, 2024 · CIK: 892450
| Field | Detail |
|---|---|
| Company | Kt Corp (KT) |
| Form Type | 6-K |
| Filed Date | Nov 5, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: filing, 6-K, foreign-private-issuer
TL;DR
KT Corp filed a 6-K on Nov 5, 2024. Standard update.
AI Summary
KT Corporation filed a Form 6-K on November 5, 2024, to report information as a foreign private issuer for the month of November 2024. The filing confirms KT Corporation's principal executive offices are located at 90, Buljeong-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea. The company previously operated under the names Korea Telecom Corp and Korea Telecom.
Why It Matters
This filing serves as an update for investors regarding KT Corporation's status as a foreign private issuer, providing essential contact and identification information.
Risk Assessment
Risk Level: low — This is a routine filing for a foreign private issuer and does not contain new financial or operational information that would indicate a change in risk.
Key Players & Entities
- KT Corporation (company) — Registrant
- Korea Telecom Corp (company) — Former company name
- Korea Telecom (company) — Former company name
- November 5, 2024 (date) — Filing date
FAQ
What is the purpose of a Form 6-K filing?
A Form 6-K is filed by foreign private issuers to report information that they have made or are required to make public in their home country, or that they have filed or are required to file with a stock exchange on which their securities are traded.
What is KT Corporation's primary business?
KT Corporation is primarily involved in telephone communications, as indicated by its Standard Industrial Classification code [4813].
When did KT Corporation change its name from Korea Telecom Corp?
KT Corporation changed its name from Korea Telecom Corp on October 6, 1997.
Where are KT Corporation's principal executive offices located?
KT Corporation's principal executive offices are located at 90, Buljeong-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea.
Does KT Corporation file annual reports under Form 20-F or 40-F?
KT Corporation files annual reports under cover of Form 20-F.
Filing Stats: 346 words · 1 min read · ~1 pages · Grade level 13.5 · Accepted 2024-11-05 06:10:51
Filing Documents
- d900150d6k.htm (6-K) — 14KB
- g900150dsp3.jpg (GRAPHIC) — 1KB
- 0001193125-24-250927.txt ( ) — 17KB
SIGNATURES
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: November 5, 2024 KT Corporation By: /s/ Youngkyoon Yun Name: Youngkyoon Yun Title: Vice President By: /s/ Sanghyun Cho Name: Sanghyun Cho Title: Director Corporate Value-Up Plan This disclosure may include predictive information and is subject to change. Actual results may differ from the predictions. 1. Title KT Corporate Value-Up Plan 2. Details [FY2028 Target] -FY2028 Consolidated ROE of 9%~10% [Action Plan] -Transform into AICT Company: Increase AI/IT revenue by 3 times compared to 2023 -Increase Profitability: Achieve consolidated operating profit margin of 9% by FY2028 through revamping business structure based on profitability -Liquidate Non-Core Assets: Increase resources for capital allocation through liquidating idle real estate assets and non-core investment portfolio -Enhance Capital Efficiency: Buyback and cancel a total of KRW 1 trillion worth of treasury shares from FY2025 to FY2028 3. Date of Determination November 5, 2024 4. Other Important Information Relevant to Investment Decision -Please refer to the KT Corporate Value-Up Plan uploaded on the KT website ( http://corp.kt.com ) for detailed information. -The Consolidated ROE mentioned in 2. Details above refers to Return on Equity, and is calculated by dividing the net income by equity (attributable to the owners of the controlling company) -The 2. Details above and KT Corporate Value-Up Plan uploaded on the website are subject to change based on market conditions. -The 3. Date of Determination above refers to the date of the Board resolution.