SK Telecom will transfer 1,061 of its own common shares to five independent directors between August 28 and September 30, worth ₩105.7m at the ₩99,600 close on August 26. The shares move out of the company's treasury account into the directors' personal accounts, and the filing records it as an off-exchange disposal. The company describes it as a corporate-value-linked remuneration programme for independent directors: part of their pay is settled in treasury stock of equivalent value, with the number of shares each receives varying by role. Dilution is 0.0005% of the 214,790,053 shares outstanding. SK Telecom held 1,732,142 treasury shares before this, about 0.8% of the company, down from 1,807,778 at the start of the year. Shareholders approved the underlying treasury retention and disposal plan at the March 26 annual meeting.
SK Telecom declared 830 won a share for the second quarter — the same rate as the first — with a record date of 31 August and payment on 17 September. The 176.8bn won total is based on 213,057,911 dividend-eligible shares against 214,790,053 issued, the gap being treasury stock, and the filing notes the total may change with the share count at the record date. The 0.9% in the filing is the Korean convention: that quarter alone, measured against the average close over the week before the board met. Annualised, 830 won a quarter is about 3.33% against the 99,600 won close — lower than KT's 4.5%, because SK Telecom's shares have nearly doubled off their 52-week low. For a US holder of the ADR, each ADR represents five-ninths of a common share, so the payment is roughly 461 won per ADR, and Korean withholding at the 15% treaty rate takes the net yield to about 2.83%. SK Telecom's 2026 annual meeting approved a 1.7tn won capital reserve reduction that Korean reporting says could make dividends tax-free at source from 2027.
| Symbol | Last Price |
|---|---|
| 030200KT Corporation | ₩54,300 +0.9% |
| 032640LG Uplus | ₩14,760 -0.3% |