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Resolution of cash dividends

22nd Jan 2009 11:57

RNS Number : 0862M
Hyundai Motor Company
22 January 2009
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange

Disclosure Date : January 22, 2009

Disclosure Title  Resolution of Cash Dividends 

Category : Dividend Settlement

 

2. Dividend per share(KRW): 

 

*Common Share -  850

*Preferred Share - 950

 

3. Dividend rate at market value(%)

Common Share - 2.1

Preferred Share - 6.7

 

4. Total annual dividend amount: KRW 235,715,000,000

 

5. Record date of dividend : December 31, 2008

 

6. Expected date of dividend payment : -

 

7. Expected date for the AGM : March 13, 2009

8. Resolution date of Board of Directors : January 22, 2009

attendance of outside directors : 5 out of 5

attendance of auditors : Yes

Hyundai Motor Company's audit committee members 

are all outside directors.

(4 out of 4 were present)

 

9. Others : 

 

* The above data may be subject to change depending on the results of the the approval of the Annual General Meeting of Shareholders.

 

* The dividend information above for preferred shares are based on Series 2 Preferred shares :

Series 1 Preferred Shares

Series 3 Preferred Shares

Dividend amount/share

KRW 900

KRW 900

Dividend at market value

6.7%

6.9%

 

* The "Total annual dividend amount" in #4 is rounded up to KRW 1,000,000.

 

* Expected date of dividend payments in # 6 above is after & within 1 month of the Annual General Meeting of Shareholders, according to the commercial code 464 section 2,  

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DIVILFELLFIFFIA

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