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Announcement

Resolution on Acquisition of Treasury Stock

2026.01.30

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

Disclosure title : Resolution on Acquisition of Treasury Stock

 

1. Number of shares to be acquired

Type of Shares

Number of Shares

Common

744,870

Preferred

125,054

 

2. Expected acquisition amount      

Type of Shares

Acquisition   Amount (in KRW)

Common

366,848,475,000

Preferred

33,843,935,500


3. Expected period of acquisition : January 30, 2026 ~ April 27, 2026

 

4. Expected period of holding : -

 

5. Purpose of acquisition : Enhancement of Shareholder Value, etc.

 

6. Method of acquisition : Market purchase

 

7. Security firm commissioned : Hyundai Motor Securities

 

8. Treasury stock holdings at the time of disclosure (prior to acquisition)

 

Type of shares

Number of shares

% of total   shares issued

Common

1,648,558

0.8%

Preferred

1,089,278

1.8%

 

9. Date of board decision : January 29, 2026

* 7 independent directors were present for the board decision. 

 

10. Order limit per day : 944,571 common shares

                                            94,559 preferred shares

 

11. Notes

 

(No.1) Preferred shares include 48,141 shares of preferred share, 72,113 shares of second preferred share, and 4,800 shares of third preferred shares. The number of shares to be acquired is based on closing price of a day prior to the resolution. (KRW 492,500 for common share, KRW 269,500 for preferred share, KRW 272,000 for second preferred share and KRW 261,500 for third preferred share on January 28, 2026)


(No.2) Treasury stock will be acquired based on the ‘expected acquisition amount’ and the number of shares to be acquired and the acquisition amount may change depending on stock price.


(No.4 & 5) Treasury stock will be acquired according to the resolution of the board meeting held on January 29, 2026 to enhance shareholder value. The timing for utilization of treasury stock will be disclosed once it is decided at the board meeting. 


(No.8) Preferred shares prior to acquisition are the sum of 453,782 shares of preferred share, 634,770 shares of second preferred share and 726 shares of third preferred share.  


(No.9) Audit committee consists of only independent directors.


(No.10) Order limit per day for preferred shares is based on second preferred share. (Order limit per day for preferred share is 88,628, for third preferred share is 12,921.)