Hyundai Motor Contributes 660,000 Treasury Shares to Employee Stock Ownership Association
[Asia Economy Reporter Han Jinju] Hyundai Motor Company announced on the 26th that it will contribute 665,980 shares of treasury stock to the employee stock ownership association.
Hyundai Motor plans to acquire its own shares through on-market purchases for the employee stock contribution and then dispose of them. The expected acquisition period is from the 27th of this month to December 15th.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "Jeong Yu-kyung Is a Neighbor"...Itaewon Standalone House with Record 23.2 Billion Won Appraisal Up for Auction [Real Estate AtoZ]
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
The expected acquisition amount is 111.2 billion KRW (167,000 KRW per share), and the planned disposal date is December 17th.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
