Hyundai Motor Vice Chairman Chung Euisun Acquires Additional 65,464 Shares of Hyundai Motor Stock... "In the Interest of Responsible Management"

Following the previous day, Hyundai Motor acquires an additional 65,464 shares and Hyundai Mobis 33,826 shares

Hyundai Motor Group Vice Chairman Chung Euisun is delivering a New Year's address at the 2020 Hyundai Motor Group Kick-off Ceremony held at Hyundai Motor Company headquarters in Seocho-gu, Seoul, on the 2nd. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Kim Ji-hee] Chung Eui-sun, Executive Vice Chairman of Hyundai Motor Group, has purchased 65,000 shares of Hyundai Motor and 34,000 shares of Hyundai Mobis. Following the purchase of Hyundai Motor and Hyundai Mobis shares worth a total of 19 billion KRW the previous day, this additional acquisition is interpreted as a reaffirmation of his commitment to responsible management.

On the 24th, Hyundai Motor announced that Executive Vice Chairman Chung purchased 65,464 shares of the company's stock. On the same day, he also acquired 33,826 shares of Hyundai Mobis. The purchase prices were 68,567 KRW and 132,825 KRW per share, respectively.

The day before, Vice Chairman Chung also bought 139,000 shares of Hyundai Motor and 72,552 shares of Hyundai Mobis on the open market. The total purchase amount was approximately 19 billion KRW. Additionally, on the 19th, Hyundai Motor CEO Lee Won-hee and Head of Production Quality Seo Bo-shin purchased 1,391 and 4,200 shares of Hyundai Motor stock, respectively.

A Hyundai Motor Group official explained, "This is part of the determination to responsibly lead the company amid the unstable stock market caused by the spread of the novel coronavirus (COVID-19)."

This content was produced with the assistance of AI translation services.