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Resolution of year end dividend

26th Jan 2016 08:45

RNS Number : 9947M
Hyundai Motor Company
26 January 2016
 

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

Disclosure Title : Resolution of Year-end Dividend

 

1. Category : Year-end Dividend

 

2. Type : Cash Settlement

 

3. Dividend per share(KRW): 

- Common Share - 3,000

- Preferred Share - 3,100

 

4. Dividend rate at market value(%):

- Common Share - 2.0

- Preferred Share - 2.8

 

5. Total annual dividend amount: KRW 810,890,000,000

 

6. Record date of dividend : December 31, 2015

 

7. Expected date of dividend payment : -

 

8. Resolution of AGM : Yes

 

9. Expected date for the AGM : -

 

10. Resolution date of Board of Directors : January 26, 2016

- attendance of outside directors : 5

- attendance of auditors(non BOD member) : -

 

11. Others :

 

- The above may be changed depending on the results of general meeting of shareholders

- 2015 total divided per share is KRW 4,000

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

Series 1 Preferred Shares

Series 3 Preferred Shares

Dividend amound

3,050

3,050

Dividend rate

at market value

2.8%

3.0%

 

 

- The "Total annual dividend amount" in #5 is rounded up to KRW 1,000,000.

- `Expected date of dividend payments in #7, #8, #9 above is undecided. The payment will be made after & within 30 days of the resolution date of general meeting of shareholders.

- Hyundai Motor Company's audit committee members are all outside directors.

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