Hyundai Motor Wins Korea IR Awards... Most Awards Among Domestic Listed Companies

Hyundai Motor Company received the Grand Prize at the Korea IR Awards ceremony hosted by the Korea IR Council. Hyundai was highly praised for its efforts to activate IR (Investor Relations) activities and establish a proper IR culture.

On the 11th, Hyundai Motor was honored with the Grand Prize at the '2023 Korea IR Awards' ceremony held at the KRX Korea Exchange Seoul Office, organized by the Korea IR Council.

The Korea IR Awards recognize outstanding companies and individuals who have contributed to the development of the capital market through proactive and efficient IR activities and shareholder-oriented management. Awardees are selected based on their performance from July of the previous year to June of the current year.

Hyundai Motor was highly recognized for actively presenting future management strategies and enhancing communication capabilities with investors. With this award, Hyundai has received the Grand Prize a total of five times, setting the record for the most awards among listed companies in Korea.

In June, Jang Jae-hoon, President of Hyundai Motor Company, announced the Hyundai Motor Way strategy at the '2023 CEO Investor Day'.
[Photo by Hyundai Motor Company]

In June this year, Hyundai Motor held the '2023 CEO Investor Day' and announced its mid- to long-term electrification strategy, the Hyundai Motor Way.

Through this, Hyundai Motor specifically presented mid- to long-term investment and capital operation plans to execute the Hyundai Motor Way, aiming to sell 2 million electric vehicles by 2030. The company emphasized strengthening a virtuous cycle structure that enhances continuous investment expansion and shareholder returns based on stable profits.

Earlier in April, Hyundai Motor announced its 'mid- to long-term shareholder return policy,' which includes ▲quarterly dividends ▲setting a dividend payout ratio of over 25% ▲and canceling 1% of treasury shares annually for the next three years, along with its first-quarter business performance.

In addition, Hyundai Motor has continued active IR activities, such as holding a corporate briefing session last August in overseas regions including the United States, the United Kingdom, and Japan, becoming the first Korean listed company to announce ESG (Environmental, Social, and Governance) management performance abroad.

A Hyundai Motor official stated, "We will continue to do our best to maximize shareholder value through proactive IR activities and the advancement of shareholder-friendly policies."

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