SK TELECOM CO LTD | CIK:0001015650 | 3

  • Filed: 5/4/2018
  • Entity registrant name: SK TELECOM CO LTD (CIK: 0001015650)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1015650/000119312518151612/0001193125-18-151612-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1015650/000119312518151612/skm-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001015650
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  • ifrs-full:DisclosureOfTreasurySharesExplanatory

    24. Treasury Shares

    The Parent Company acquired treasury shares to provide share dividends, merge with Shinsegi Telecom, Inc. and SK IMT Co, Ltd., increase shareholder value and stabilize its share prices.

    Treasury shares as of December 31, 2017 and 2016 are as follows:

     

    (In millions of won, shares)              
         December 31, 2017      December 31, 2016  

    Number of shares

         10,136,551        10,136,551  

    Acquisition cost

       2,260,626        2,260,626