Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor has decided to dispose of 1,102,878 common shares and 1,254,420 preferred shares off-market, valued at approximately KRW 527.52B, to distribute shares to employees pursuant to the 2025 wage and collective bargaining agreement.
📊 [Key Disclosure Content & Financial Highlights]
1. Treasury Share Disposal Details
- Target Shares for Disposal: 1,102,878 common shares / 1,254,420 preferred shares (Total: 2,357,298 shares)
- Common Shares Breakdown: Free shares 275,730, Employee Stock Ownership Association (ESOA) shares 827,148
- Preferred Shares Breakdown: Free shares 551,460, ESOA shares 702,960
- Disposal Price per Share (Based on Closing Price Prior to Board Resolution): Common KRW 258,000 / Preferred KRW 193,700
- Estimated Total Disposal Amount: KRW 284,542,524,000 (Common) / KRW 242,981,154,000 (Preferred) [Total: KRW 527,523,678,000 / Approx. KRW 527.52B]
- Expected Disposal Date & Method: November 28, 2025 (Off-market disposal via direct employee account deposit or ESOA contribution)
- Purpose of Disposal: Share distribution pursuant to the 2025 wage and collective bargaining agreement
- Brokerage Firm: Hyundai Motor Securities Co., Ltd.
2. Treasury Share Holdings Prior to Disposal (As of October 30, 2025)
- Common Shares: 2,750,852 shares (1.3% of total issued common shares)
- Preferred Shares: 2,342,638 shares (3.9% stake / 1st Preferred 1,707,142, 2nd Preferred 634,770, 3rd Preferred 726)
3. Additional Key Information
- Board Resolution Date: 2025-10-30 (All 7 Outside Directors attended)
- Off-Market Disposal Particulars: Counterparties are company employees; equity dilution effect is limited, accounting for 0.1% of common shares and 2.4% of preferred shares based on free shares (ESOA shares subject to a 4-year mandatory deposit).
- Final number of shares and total amounts are subject to minor adjustments depending on actual eligible employee counts and closing share prices on the distribution date.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Treasury Share Disposal Result Filings
Because this disclosure reports the decision to dispose of treasury shares for employee stock distribution under the collective bargaining agreement, it is necessary to check subsequent filings confirming the final number of distributed shares and total disposal value after the scheduled disposal date (November 28, 2025). Checking the final disposal outcome is essential to confirming the actual completion of the share distribution process following board approval. Relevant details can be verified in the upcoming Report on Results of Treasury Share Disposal or subsequent official disclosures.
📢 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.
Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
Inquiries: For compliance inquiries or copyright-related requests, please contact ksb220805@gmail.com.