Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor has decided to dispose of 50,458 treasury common shares (valued at approximately KRW 25.28B) off-market to grant shares to executives for reinforcing responsible management and performance incentives.
📊 [Key Disclosure Content & Financial Highlights]
1. Disposal Details
- Target Shares for Disposal: 50,458 common shares
- Disposal Price per Share: KRW 501,000 per common share (Based on closing price prior to board resolution date)
- Total Estimated Disposal Amount: KRW 25,279,458,000 (KRW 25.28B)
- Planned Disposal Period: April 01, 2026
- Purpose of Disposal: Treasury share payout to executives (Strengthening responsible management and performance motivation)
- Disposal Method: Off-market disposal (Direct deposit into personal securities accounts of recipients)
- Recipients: Jaehoon Chang and 451 other executives
- Entrusted Brokerage: Hyundai Motor Securities Co., Ltd.
2. Treasury Share Holdings Prior to Disposal (As of March 26, 2026)
- Common Shares: 2,006,508 shares (1.0% of total issued common shares)
- Other Shares (Preferred Shares): 1,214,332 shares (2.0% stake / 1st Preferred 501,923 shares, 2nd Preferred 706,883 shares, 3rd Preferred 5,526 shares)
3. Additional Key Information & Dilution Impact
- Board Resolution Date: 2026-03-26 (All 7 Outside Directors attended)
- Approval Basis: Executed within the ‘Treasury Share Retention/Disposal Plan’ approved at the 58th AGM
- Dilution Effect: Minimal equity dilution impact as the disposal volume accounts for 0.02% of total issued common shares (204,757,766 shares)
- Lock-up Period: A 1-year lock-up (selling restriction) period applies to all 50,458 disposed common shares
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Execution of Disposal and Reflection in Subsequent Reports
Because this disclosure reports a decision to dispose of treasury shares for executive compensation, it is necessary to verify whether the share transfer is completed as planned on the scheduled date (April 1, 2026) and accurately reflected in subsequent filings. Tracking changes in treasury share counts is essential to understanding the company’s circulating share supply and treasury stock status. Relevant details can be verified in subsequent official disclosures or Periodic Reports (Annual, Half-Yearly, Quarterly 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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