Hyundai Motor Company [Amendment] Decision on Acquisition of Shares or Investment Certificates of Other Corporation (Voluntary Disclosure)
Original title (Korean): [기재정정]타법인주식및출자증권취득결정(자율공시)
AI Summary
Original filing ↓Hyundai Motor Company Amends Decision on Acquisition of Shares in Other Corporation
- The contract details were amended following the conclusion of a joint venture agreement.
- Prior to the amendment, the key terms were under agreement among the contracting parties.
- After the amendment, if one contracting party is excluded from the Hyundai Motor Group, the remaining parties may request that said party sell all shares it holds in the joint venture company.
- If one contracting party wishes to sell its shares in the joint venture company to a third party, the remaining parties have the right to propose a priority purchase of those shares.
Notes The issuing company is a legal entity scheduled to be established in May 2026. · The acquisition amount is scheduled to be paid in installments over five years in May and June 2026, April 2027, April 2028, April 2029, and December 2030. · The number of shares acquired, acquisition amount, and scheduled acquisition date are based on the final acquisition date. · The acquisition details, number of shares owned after acquisition, ownership ratio, and scheduled acquisition date are premised on the founding promoters' general meeting of the issuing company and the capital increase participation by acquirers other than the parties involved, and may change during subsequent proceedings.
This summary was generated automatically from the Korean filing and may contain errors. The original Korean filing prevails.
Original filing
The full filing is available in Korean only.
Other English summaries from Hyundai Motor Company
| Date | Filing |
|---|---|
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| Oct 29, 2026 | [Amendment] Forecast for Business Performance, etc. (Fair Disclosure) AIHyundai Motor Company Amends 2026 Sales Target from 4,158,300 to 4,000,000 Units |
| Oct 29, 2026 | Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure) AIHyundai Motor Company Announces Preliminary Q3 2026 Results |
| Oct 29, 2026 | Decision on Disposal of Treasury Stock AIHyundai Motor Company Decides to Dispose of Treasury Stock Worth KRW 271.5 billion |
| Oct 1, 2026 | Interim Report on Business Performance (Fair Disclosure) AIHyundai Motor Company Sells 307,998 Units Globally in September 2026 |
Source: Financial Supervisory Service, Data Analysis, Retrieval and Transfer System (DART), via OpenDART. https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260521800573
DART receipt no. 20260521800573