Hyundai Motor to Acquire Treasury Shares for Shareholder Value

Hyundai Motor Sponsored GDR (HYMTF) has released an update.

Hyundai Motor Company has announced a plan to acquire a significant number of its own shares, aiming to enhance shareholder value. The company will purchase over 4.6 million common and preferred shares, with an expected expenditure surpassing KRW 1 trillion. The acquisition is set to occur between November 28, 2024, and February 27, 2025, through market purchases.

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