Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

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 OCTOBER 2023

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 ☐

Report on Acquisitions Under the Share Repurchase Agreement

SK Telecom Co., Ltd. (the “Company”) hereby reports its acquisitions of treasury shares made under a share repurchase agreement by and between the Company and SK Securities Co., Ltd. (“SK Securities”) dated July 27, 2023 (the “Share Repurchase Agreement”).

1. Entry into Share Repurchase Agreement

A. Date of Disclosure of Entry into the Share Repurchase Agreement: July 27, 2023

B. Name of Counterparty (Broker) to the Share Repurchase Agreement: SK Securities

2. Acquisitions of Issued Shares of the Company under the Share Repurchase Agreement


Date	Type	Total Number of Shares				Price Paid per Share (Won)		Aggregate Value (Won)
Date	Type	Acquired		Disposed		Price Paid per Share (Won)		Aggregate Value (Won)
July 28, 2023	Common shares		30,000		—		45,785		1,373,574,600
July 31, 2023	Common shares		40,000		—		46,205		1,848,209,500
August 1, 2023	Common shares		50,000		—		46,416		2,320,828,150
August 2, 2023	Common shares		50,000		—		46,486		2,324,321,200
August 3, 2023	Common shares		40,000		—		46,409		1,856,375,300
August 4, 2023	Common shares		40,000		—		46,402		1,856,096,250
August 7, 2023	Common shares		43,285		—		46,683		2,020,698,300
August 8, 2023	Common shares		45,842		—		47,058		2,157,276,250
August 9, 2023	Common shares		45,273		—		46,769		2,117,390,750
August 10, 2023	Common shares		45,842		—		46,621		2,137,238,650
August 11, 2023	Common shares		50,000		—		46,739		2,336,967,300
August 14, 2023	Common shares		80,000		—		47,190		3,775,211,850
August 16, 2023	Common shares		70,000		—		47,313		3,311,954,650
August 17, 2023	Common shares		30,000		—		47,361		1,420,835,000
August 18, 2023	Common shares		45,000		—		47,377		2,131,997,550
August 21, 2023	Common shares		80,000		—		47,307		3,784,624,200
August 22, 2023	Common shares		70,000		—		47,220		3,305,434,450
August 23, 2023	Common shares		10,000		—		47,205		472,050,000
August 24, 2023	Common shares		30,000		—		47,093		1,412,800,000
August 25, 2023	Common shares		45,000		—		47,222		2,125,015,150
August 28, 2023	Common shares		80,000		—		47,372		3,789,783,500
August 29, 2023	Common shares		70,000		—		47,619		3,333,334,600
August 30, 2023	Common shares		40,000		—		48,211		1,928,458,150
August 31, 2023	Common shares		30,000		—		48,054		1,441,639,850
September 1, 2023	Common shares		60,000		—		48,155		2,889,339,250
September 4, 2023	Common shares		80,000		—		47,728		3,818,276,550
September 5, 2023	Common shares		70,000		—		48,022		3,361,545,850
September 6, 2023	Common shares		60,000		—		47,785		2,867,123,350


Date	Type	Total Number of Shares				Price Paid per Share (Won)		Aggregate Value (Won)
Date	Type	Acquired		Disposed		Price Paid per Share (Won)		Aggregate Value (Won)
September 7, 2023	Common shares		60,000		—		48,037		2,882,278,500
September 8, 2023	Common shares		60,000		—		48,642		2,918,527,400
September 11, 2023	Common shares		70,000		—		48,878		3,421,464,700
September 12, 2023	Common shares		60,000		—		48,863		2,931,812,450
September 13, 2023	Common shares		50,000		—		49,683		2,484,187,400
September 14, 2023	Common shares		50,000		—		50,061		2,503,056,400
September 15, 2023	Common shares		30,000		—		50,319		1,509,573,800
September 18, 2023	Common shares		50,000		—		50,583		2,529,154,200
September 19, 2023	Common shares		40,000		—		50,482		2,019,317,100
September 20, 2023	Common shares		30,000		—		50,569		1,517,096,500
September 21, 2023	Common shares		40,000		—		50,674		2,026,976,900
September 22, 2023	Common shares		50,000		—		50,963		2,548,192,400
September 25, 2023	Common shares		40,000		—		51,134		2,045,379,500
September 26, 2023	Common shares		80,000		—		51,263		4,101,069,000
September 27, 2023	Common shares		70,000		—		51,642		3,614,956,200
October 4, 2023	Common shares		50,000		—		49,889		2,494,498,800
October 5, 2023	Common shares		40,000		—		48,383		1,935,351,650
October 6, 2023	Common shares		30,000		—		48,307		1,449,216,850
October 10, 2023	Common shares		60,000		—		49,656		2,979,388,450
October 11, 2023	Common shares		50,000		—		49,130		2,456,519,500
October 12, 2023	Common shares		40,000		—		48,855		1,954,209,750
October 13, 2023	Common shares		40,000		—		49,062		1,962,513,950
October 16, 2023	Common shares		60,000		—		49,457		2,967,478,850
October 17, 2023	Common shares		50,000		—		49,854		2,492,747,050
October 18, 2023	Common shares		30,000		—		50,019		1,500,570,850
October 19, 2023	Common shares		30,000		—		49,885		1,496,574,300
October 20, 2023	Common shares		60,000		—		49,986		2,999,177,550
October 23, 2023	Common shares		60,000		—		49,627		2,977,669,750
October 24, 2023	Common shares		50,000		—		49,779		2,488,959,350
October 25, 2023	Common shares		40,000		—		49,864		1,994,583,200
October 26, 2023	Common shares		40,000		—		49,325		1,973,033,750
October 27, 2023	Common shares		50,000		—		49,533		2,476,662,500
October 30, 2023	Common shares		33,168				49,711		1,648,841,550

Total	—		3,023,410		—		48,561		146,819,440,300

3. Treasury Shares after Acquisition of Issued Shares under the Share Repurchase Agreement

[As of October 30, 2023]


Type	Direct Acquisition							Acquisition under the Share Repurchase Agreement
Type	Number		Ratio*			Aggregate Value (million Won)		Number		Ratio*			Maximum Amount under the Share Repurchase Agreement (million Won)
Common shares		360,004		0.16	%		16,493		3,023,410		1.38	%		300,000
Total		360,004		0.16	%		16,493		3,023,410		1.38	%		300,000

*	Ratio calculated based on 218,833,144 total issued shares.

4. Share Ownership of Largest Shareholder

[As of October 30, 2023]


Name	Share Ownership
Name	Type	Immediately Prior to the Term of the Share Repurchase Agreement		Date of this Report		Reason for Change
SK Holdings Co., Ltd.	Common shares		65,668,397		65,668,397		—
Total	Common shares		65,668,397		65,668,397		—
	Other shares		—		—		—
	Total		65,668,397		65,668,397		—

5. Other Matters Relating to Protection of Investors

A. Share Repurchase Agreement

Date of Agreement

Term of Agreement

Counterparty

Maximum Amount
under the Share
Repurchase Agreement
(Won)

Notes

July 27, 2023

July 27, 2023 –
January 26, 2024

SK Securities

300,000,000,000

Subject of this Report

B. Details and Ratio of Acquisitions under the Share Repurchase Agreement

[As of October 30, 2023]

Type

Number of
Shares Acquired

Aggregate Value
(Won)

Ratio to Maximum
Amount under the Share
Repurchase Agreement

Counterparty

Notes

Common shares

3,023,410

146,819,440,300

48.9

%

SK Securities

—

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.