6-K 1 d934652d6k.htm FORM 6-K Form 6-K
 
 

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 APRIL 2025

Commission File Number: 333-04906

 

 

SK Telecom Co., Ltd.

(Translation of registrant’s 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 on Disposal of Treasury Shares

On April 24, 2025, the board of directors of SK Telecom Co., Ltd. (the “Company”) approved the Company’s disposal of treasury shares for the purpose of granting shares as bonus compensation to its independent non-executive directors.

 

1. Number of Treasury Shares to be Disposed    Common shares    4,860
   Preferred shares    — 
2. Price of the Treasury Shares to be Disposed (Won)    Common shares    57,600
   Preferred shares    — 
3. Estimated Aggregate Disposal Value (Won)    Common shares    279,936,000
   Preferred shares    — 
4. Disposal Period    From    April 25, 2025
   To    May 31, 2025
5. Purpose of Disposal    Grant of shares as bonus compensation
6. Method of Disposal    Over-the-counter
7. Investment Brokerage Agent    Hana Securities Co., Ltd.
8. Treasury Shares Held Before Disposal    Acquisition within Limit Based on Maximum Amount of Dividends Payable    Common shares    1,903,711     Percentage of shares (%)    0.89
   Preferred shares    —      Percentage of shares (%)    — 
   Other Acquisition    Common shares    —      Percentage of shares (%)    — 
   Preferred shares    —      Percentage of shares (%)    — 
9. Date of Resolution by the Board of Directors    April 24, 2025

•  Attendance of Outside Directors

    Present: 5; Absent: 0

•  Attendance of Auditors (Audit Committee Members who are not Outside Directors)

    —
10. Maximum Daily Sale Order    Common shares    — 
   Preferred shares    — 

11. Other Matters Relating to an Investment Decision

 

  •  

Items 1, 2 and 3 above are based on the closing price of the Company’s shares on April 23, 2025, the day before the date of the resolution by the board of directors.

 

  •  

The actual number, price and aggregate value of the treasury shares to be disposed may change as of the date of disposal.

 

  •  

Regarding Item 5 above, the purpose of the disposal is to grant 4,860 treasury shares to five independent non-executive directors through the Company’s compensation program for its independent non-executive directors, which is tied to the Company’s enterprise value and under which the Company grants treasury shares as a portion of the independent non-executive directors’ compensation. The number of treasury shares granted to each independent non-executive director varies depending on factors including the role and responsibility of each independent non-executive director.

 

  •  

Regarding Item 6 above, the disposal will be implemented by the transfer of shares from the Company’s securities account for treasury shares to the securities account of each recipient.

[Treasury Shares Held Prior to Decision on Disposal of Treasury Shares]

(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    1,903,711    —    —    —    1,903,711    —
   Preferred shares    —    —    —    —    —    —
   Subtotal (b)    Common shares    1,903,711    —    —    —    1,903,711    —
   Preferred shares    —    —    —    —    —    —
Other acquisition (c)    Common shares    —    —    —    —    —    —
   Preferred shares    —    —    —    —    —    —
Total (a+b+c)    Common shares    1,903,711    —    —    —    1,903,711    —
   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: April 25, 2025