Font Size
Inverstors News

Disposal of treasury stock

2011.11.02 No. 732
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange



Disclosure date: November 1, 2011

1. Disposal date: October 31, 2011

2. Purpose of disposal: Grant of stock bonus to employees

3. Number of shares disposed:
- Common Shares: 1,978,060 shares

4. Amount of disposal: 
- Common Shares: Total KRW 449 ,019,620,000

5. Status of treasury stock holdings after disposal :

 

Type of shares

Number of

shares

Percentage

(%)

Total Amount

(KRW million)

(A)Number

Of Direct

Holdings

Common shares

11,006,710

5.0

1,054,859

Preferred shares

2,950,960

4.5

73,920

(B)Number

Of

Indirect

Holdings

By Trust

contract

Common shares

-

-

-

Preferred shares

-

-

-

Total (A+B)

13,957,670

4.9

1,318,352


6. Others
- The number of employees eligible for stock bonus has decreased by 48 since the date on which acquisition of treasury stock was decided by the board. Therefore, the number of shares to be disposed reflects a decrease of 1,680 shares from the actual number of shares acquired for the purpose of granting stock bonus.

- The stock bonus will be granted by method of input into each employee’s individual stock trading account.
Quick Menu
Page sharing
notice close