Fact Source: Financial Supervisory Service DART / 2026-03-26
Disclosure Type: Results of General Meeting of Shareholders
💡 3-Second Summary
Hyundai Motor held its 58th Annual General Meeting of Shareholders and approved all presented items, including the 58th fiscal year financial statements, cash dividends, business purpose addition for car rental business, and election of directors.
📊 1. [Key Disclosure Content & Summary of Figures]
- AGM Date / Record Date for Voting Rights: March 26, 2026 / December 31, 2025
[Approved FY58 Financial Statements (K-IFRS)]
- Consolidated Financials: Total Assets KRW 368.84T / Revenue KRW 186.25T / Operating Profit KRW 11.47T / Net Profit KRW 10.36T (EPS KRW 36,088)
- Separate Financials: Total Assets KRW 98.58T / Revenue KRW 78.77T / Operating Profit KRW 3.52T / Net Profit KRW 4.05T (EPS KRW 15,481)
- Audit Opinion: Unqualified (Consolidated & Separate)
[Dividend Resolution]
- Dividend Type: Cash Dividend (Total Dividend Amount: KRW 2.62T / KRW 2,618,263,000,000)
- Common Stock: Year-end dividend KRW 2,500 per share (Dividend Yield 1.9% including interim/quarterly dividends of KRW 7,500)
- Preferred Stock (Based on 2nd Preferred): Year-end dividend KRW 2,600 per share (Dividend Yield 3.5% including interim/quarterly dividends of KRW 7,500)
- Preferred Stock: Year-end KRW 2,550 (Yield 3.5%) / 3rd Preferred Stock: Year-end KRW 2,550 (Yield 3.7%)
[Key Agenda Items Approved & Board Composition]
- Item 1 (Approval of Financial Statements): Approved (98.8% approval rate based on voting shares)
- Item 2-1 (Articles of Incorporation Amendment – Business Purpose): Approved (99.5% approval rate)
- Amendment: Added ‘Car Rental Business’ under automobile management operations
- Items 2-2 to 2-8 (Articles Amendments): Removal of cumulative voting exclusion clause, expansion of directors’ duty of loyalty, expansion of separate election of audit committee members, and establishment of provisions for virtual shareholder meetings were all approved.
- Items 3-1 to 3-2-3 (Director Elections):
- Outside Director: Yoon-Hee Choi (Re-elected, 3-year term)
- Executive Directors: Muñoz Barceló José Antonio (Re-elected, 3-year term), Seung-Jo Lee (Re-elected, 3-year term), Young-Il Choi (Newly elected, 1-year term)
- Item 4 (Outside Director Serving as Audit Committee Member): Seung-Hwa Chang (Re-elected, 3-year term)
- Item 5 (Director Remuneration Limit) & Item 6 (Treasury Share Plan): Approved (80.8% and 87.6% approval rates, respectively)
- Post-AGM Board Structure: 7 outside directors out of 12 total directors (58.3% outside director ratio)
📈 2. [Expert Perspective: What This Filing Means for Investors]
This filing notifies the market that all agenda items presented at Hyundai Motor’s 58th Annual General Meeting of Shareholders—including financial statements, dividend distributions, articles of incorporation amendments, and director appointments—were approved with high voting approval rates.
The FY58 financial statements recorded KRW 186.25T in consolidated revenue and KRW 11.47T in operating profit. Total cash dividends of KRW 2.62T were formally approved. Additionally, the corporate purpose was expanded to include the car rental business, while governance-related amendments including the removal of cumulative voting exclusion and virtual AGM provisions were adopted.
📝 Editor’s Comment (by K-STOCK Editor)
At this Annual General Meeting, shareholders formally approved the FY58 financial statements, year-end dividend allocations, and governance-related amendments to the Articles of Incorporation.
The addition of the car rental business establishes the foundation for business scope expansion, alongside the approval of executive and outside director appointments and the treasury share retention and disposal plan. Investors can verify the finalized dividend amounts, updated Articles of Incorporation provisions, and board composition details.
📢 Disclaimer & Source Notice
Source: This content was newly generated and structured based on official submission data from the Financial Supervisory Service DART.
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