6-K - SKM - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OFFOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF MAY 2022

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 ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Decision on Disposal of Treasury Shares

On April 28, 2022, the board of directors of SK Telecom Co., Ltd. (the “Company”) approved the Company’s disposal of treasury shares for the purpose of allotting shares as bonus payment to its officers and employees.

1. Number of Treasury Shares to be Disposed		Common shares		29,311
	Preferred shares		—
2. Price of the Treasury Shares to be Disposed (Won)		Common shares		56,800
	Preferred shares		—
3. Estimated Aggregate Disposal Value (Won)		Common shares		1,664,864,800
	Preferred shares		—
4. Disposal Period		From		April 29, 2022
	To		May 20, 2022
5. Purpose of Disposal				Allotment of shares as bonus payment
6. Method of Disposal				Over-the-counter
7. Investment Brokerage Agent				Hana Financial Investment Co., Ltd.
8. Treasury Shares Held Before Disposal	Acquisition within Limit Based on Maximum Amount of Dividends Payable	Common shares		776,282	Percentage of shares<br>(%)	0.35
		Preferred shares		—	Percentage of shares<br>(%)	—
	Other Acquisition	Common shares		54,032	Percentage of shares<br>(%)	0.02
		Preferred shares		—	Percentage of shares<br>(%)	—
9. Date of Resolution by the Board of Directors				April 28, 2022
- 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		—

Other Matters Relating to an Investment Decision

-	Items 1, 2 and 3 above are based on the closing price on April 27, 2022, the day before the date of the<br>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<br>disposal.
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-	In connection with the method of disposal under Item 6 above, the disposal will be implemented by the transfer<br>of shares from the Company’s securities account for treasury shares to the securities account of the officer or employee to whom the shares are allotted as bonus payment.
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-	Other acquisition under Item8 are shares acquired by the Company as a result of the creation of fractional<br>shares in the Spin-off.
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[Treasury Shares Held Prior to Decision on Disposal of Treasury Shares]

(Unit: shares)
Method of acquisition			Type of<br>shares	Beginning	Change			End	Notes
---	---	---	---	---	---	---	---	---	---
	Acquired<br>(+)	Disposed<br>(–)			Cancelled<br><br><br>(–)
Acquisition<br><br><br>within<br><br><br>limit based on maximum<br><br><br>amount of<br><br><br>dividends<br><br><br>payable	Direct acquisition	Direct acquisition through stock exchange	Common<br>shares	-	-	-	-	-	-
			Preferred<br>shares	-	-	-	-	-	-
		Over-the-counter acquisition	Common<br>shares	-	-	-	-	-	-
			Preferred<br>shares	-	-	-	-	-	-
		Tender offer	Common<br>shares	-	-	-	-	-	-
			Preferred<br>shares	-	-	-	-	-	-
		Subtotal (a)	Common<br>shares	-	-	-	-	-	-
			Preferred<br>shares	-	-	-	-	-	-
	Acquisition<br><br><br>through<br><br><br>broker	Held in trust by broker	Common<br>shares	-	-	-	-	-	-
			Preferred<br>shares	-	-	-	-	-	-
		Held by Company	Common<br>shares	1,196,960	-	420,678	-	776,282	-
			Preferred<br>shares	-	-	-	-	-	-
		Subtotal (b)	Common<br>shares	1,196,960	-	420,678	-	776,282	-
			Preferred<br>shares	-	-	-	-	-	-
Other acquisition (c) ^(1)^			Common<br>shares	54,032	-	-	-	54,032	-
	Preferred<br>shares	-	-	-	-	-	-
Total (a+b+c)			Common<br>shares	1,250,992	-	420,678	-	830,314	-
	Preferred<br>shares	-	-	-	-	-	-
^(1)^	Shares acquired by the Company as a result of the creation of fractional shares in the Spin-off.
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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: May 2, 2022