Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
27 Luglio 2023 - 12:11PM
Edgar (US Regulatory)
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
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF JULY 2023
Commission File Number: 333-04906
SK Telecom Co., Ltd.
(Translation of registrants name into English)
65, Euljiro,
Jung-gu
Seoul 04539, Korea
(Address of principal executive office)
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 Enter into Share Repurchase Agreement
On July 26, 2023, the board of directors (the Board of Directors) of SK Telecom Co., Ltd. (the Company) approved
the Companys entry into a share repurchase agreement (the Agreement) with SK Securities Co., Ltd. (SK Securities) pursuant to which the Company will engage SK Securities to effect repurchases of common shares of the
Company.
|
|
|
|
|
|
|
|
|
|
|
1. Amount of Agreement (Won) |
|
300,000,000,000 |
|
|
|
2. Agreement Period |
|
From |
|
July 27, 2023 |
|
|
|
|
|
|
|
|
To |
|
January 26, 2024 |
|
|
3. Purpose of Agreement |
|
Enhancement of shareholder value through cancellation of certain shares |
|
|
4. Counterparty to Agreement |
|
SK Securities |
|
|
5. Expected Date of Execution of Agreement |
|
July 27, 2023 |
|
|
|
|
|
|
6. Treasury Shares Held Prior to Agreement |
|
Acquisition within Limit Based on Maximum Amount of Dividends Payable |
|
Common shares |
|
360,004 |
|
Ratio (%) |
|
0.16 |
|
Preferred shares |
|
|
|
Ratio (%) |
|
|
|
Other Acquisition |
|
Common shares |
|
|
|
Ratio (%) |
|
|
|
Preferred shares |
|
|
|
Ratio (%) |
|
|
|
|
7. Date of Resolution by the Board of Directors |
|
July 26, 2023 |
|
|
|
Attendance of Independent Non-executive
Directors |
|
Present |
|
5 |
|
Absent |
|
|
|
|
Attendance of Audit Committee Members who are not Independent
Non-executive Directors |
|
|
|
|
8. Investment Brokerage Agent |
|
SK Securities |
|
|
9. Other Important Matters Relating to an Investment Decision |
|
The amount of Agreement set forth in Item 1 above is the anticipated amount as of the date of
resolution by the Board of Directors.
The reference to cancellation of certain shares set forth in Item 3 above relates to cancelling
approximately Won 200 billion of the treasury shares to be acquired through the Agreement following the termination of the Agreement. For additional details, refer to the Form 6-K entitled Decision
on Cancellation of Treasury Shares furnished by the Company on July 27, 2023. |
[Maximum Share Repurchase Amount]
|
|
|
|
|
Item |
|
Amount (Won) |
|
|
|
1. Maximum Amount of Dividends Payable as of December 31, 2022 under the Korean Commercial
Code(1) |
|
A. Net assets
|
|
10,383,381,596,517 |
|
B. Amount of capital
|
|
30,492,715,900 |
|
C. Sum of capital reserve and earned
surplus reserve accumulated as of December 31, 2022(2) |
|
2,351,825,609,336 |
|
D. Unrealized profits determined by
Presidential Decree under the Korean Commercial Code |
|
253,711,585,961 |
|
Subtotal
(ABCD) |
|
7,747,351,685,320 |
|
|
2. Amount of share repurchase after December 31, 2022 |
|
|
|
|
3. Amount of dividends approved by general meeting of shareholders after December 31, 2022 and
related earned surplus reserves |
|
180,966,603,990 |
|
|
4. Amount of quarterly and interim dividends approved by the Board of Directors after
December 31, 2022 and related earned surplus reserves |
|
181,326,897,030 |
|
|
5. Amount subject to a trust agreement |
|
|
|
|
6. Acquisition price of treasury shares disposed after December 31, 2022 (applying moving
average method) |
|
20,207,956,319 |
|
|
Maximum amount of acquisition of treasury shares (12345+6) |
|
7,405,266,140,619 |
(2) |
Includes hybrid securities and gains from disposal of treasury shares |
[Treasury Shares Held Prior to Execution of Agreement]
(Unit: shares)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Method of acquisition |
|
Type of shares |
|
Beginning |
|
|
Change |
|
|
End |
|
|
Notes |
|
|
Acquired (+) |
|
|
Disposed () |
|
|
Cancelled
() |
|
Acquisition within limit based on maximum amount of dividends payable |
|
Direct acquisition |
|
Direct acquisition through stock exchange |
|
Common shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Over-the-counter acquisition
|
|
Common shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tender offer |
|
Common shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal (a) |
|
Common shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Acquisition through broker |
|
Held in trust by broker |
|
Common shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Held by Company |
|
Common shares |
|
|
747,059 |
|
|
|
|
|
|
|
387,055 |
|
|
|
|
|
|
|
360,004 |
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal (b) |
|
Common shares |
|
|
747,059 |
|
|
|
|
|
|
|
387,055 |
|
|
|
|
|
|
|
360,004 |
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other acquisition (c) |
|
|
|
|
|
Common shares |
|
|
54,032 |
|
|
|
|
|
|
|
54,032 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total (a+b+c) |
|
|
|
|
|
Common shares |
|
|
801,091 |
|
|
|
|
|
|
|
441,087 |
|
|
|
|
|
|
|
360,004 |
|
|
|
|
|
|
|
Preferred shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|
SK TELECOM CO., LTD. |
(Registrant) |
|
By: /s/ Hee Jun Chung |
(Signature) |
Name: Hee Jun Chung |
Title: Vice President |
Date: July 27, 2023
Grafico Azioni SK Telecom (NYSE:SKM)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni SK Telecom (NYSE:SKM)
Storico
Da Giu 2023 a Giu 2024