12th Nov 2014 07:00
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure Title : Acquisition of Treasury Stock
1. Expected acquisition number of shares:
- Common Share: 2,202,764 / Other shares: 652,019
2. Expected acquisition amount:
- Common share: KRW 366,760,206,000
- Other shares: KRW 82,308,058,500
3. Expected period of acquisition:
- Start date: 2014.11.12
- End Date: 2015.02.11
4. Expected period of retention:
- N/A
5. Purpose of acquisition:
- Enhancing values of shareholders via stabilizing share price
6. Acquisition Method
- Purchase from the market
7. Securities firm commissioned:
- HMC Investment Securities
8. Status of treasury stock holdings before acquisition:
Type of Share | Number of Shares | Percentage of Shares (%) |
Common | 11,006,710 | 5.00 |
Others | 2,950,960 | 4.53 |
9. Date of BOD Resolution: 2014.11.11
- Attendance of Outside Directors: 5 out of 5
10. Limitation to number of shares that can legally be ordered in the market on a single day
- Common Share: 278,571
- Other Shares: 55,494
11. Others
- The above "Expected acquisition amount" is subject to change depending on shift in market price.
Related Shares:
Hyundai Mtr.gdr