Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor decided to dispose of 3,333 common treasury shares (valued at approximately KRW 740M) off-market to grant executive incentives to company officer Muñoz Barceló José Antonio pursuant to his contract.
📊 [Key Disclosure Content & Financial Highlights]
1. Disposal Details & Financial Volume
- Number of Shares to Dispose: 3,333 Common Shares
- Target Price per Share: KRW 222,000 (Based on closing price prior to board resolution date)
- Total Estimated Value: KRW 739,926,000 (Approx. KRW 740M)
- Planned Disposal Period: July 25, 2025 – July 31, 2025
2. Purpose & Method of Disposal
- Purpose: Executive incentive payout
- Disposal Method: Off-market disposal of 3,333 shares (Credited directly to the officer’s personal brokerage account)
- Recipient & Relationship: Muñoz Barceló José Antonio (Company Officer)
- Entrusted Brokerage: Hyundai Motor Securities Co., Ltd.
3. Dilution Effect & Treasury Share Status
- Expected Value Dilution Effect: Disposing of 3,333 shares represents 0.002% of total issued common shares (204,757,766 shares), making the dilution effect minimal.
- Treasury Shares Held Prior to Disposal: 2,754,185 Common Shares (1.3%), 2,342,638 Other Shares (3.9%)
- Board Resolution Date: 2025-07-24 (All 7 Outside Directors attended)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Actual Execution and Subsequent Periodic Reports
Because this disclosure reports a decision on the off-market disposal of treasury shares for executive compensation, it is necessary to check for actual completion of the disposal and subsequent adjustments to treasury share holdings following the planned period (July 25–31, 2025). Relevant details can be verified in subsequent official disclosures or upcoming Periodic Reports (Quarterly, Half-Yearly, Annual Reports).
📢 Disclaimer & Source Notice
Source: This content has been structured and newly drafted based on official data submitted to the Financial Supervisory Service’s DART system.
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