20th Sep 2007 07:00
Hyundai Motor Company20 September 2007 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : September 20, 2007 Disclosure title : Resolution on Acquisition of treasury stock 1. Number of shares acquired: - Common Share: 1,665,630 2. Expected amount of acquisition: - Common Shares: KRW 118,259,730,000 3. Closing price for the day before resolution date: - Common Shares: KRW 71,000 4. Period for acquisition: From September 27, 2007 to October 31, 2007 5. Purpose of acquisition: Grant of Bonus Stock to Employees 6. Securities firms commissioned for acquisition: Hyundai Securities, Daewoo Securities Co. Ltd., Woori Investment & Securities, Korea Investment & Securities Co. Ltd., Samsung Securities, 7. Status of treasury stock holdings before acquisition: Type of shares Number of shares Percentage (%)Number of Direct Common shares 11,000,000 5.0Holdings Preferred shares 2,950,960 4.5 Number of Common shares 107,481 0.05Indirect Holdings by Preferred sharesTrust contract 8. Date of board resolution: September 20, 2007 - attendance of outside directors : 3 out of 5 - attendance of auditors : present 9. Others - The "Expected amount of acquisition" in #2 above, which is the amount of #1 multiplied by #3, is based on the closing price for September 19, 2007, and may be subject to change depending on the actual purchase price. - The auditors in #8 above are the member of Audit Committee. - The above contents may be subject to change depending on the related laws and regulations, etc.. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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