HYUNDAI ELEVATOR CO.,LTD To give 144,253 treasury shares worth KRW 10.0 billion to 2,671 employees
HAI summary · Not investment advice
HYUNDAI ELEVATOR CO.,LTD will give 144,253 treasury shares, worth KRW 10.0 billion, to 2,671 employees as compensation under its wage agreement.
Disposal amount
KRW 10.0 billion
2,671 employees · compensation under the 2026 wage agreement
Key facts
- Shares to dispose (common)
- 144,253 sharesDiffers from the 150,000 shares in the treasury stock report after payment criteria were finalized
- Disposal price per share
- KRW 69,200KRX closing price on the day before the board resolution (2026.10.15)
- Disposal period
- Oct 19, 2026 – Nov 13, 2026
- Purpose of disposal
- Employee compensation under the 2026 wage agreement
- Disposal method
- Other: 144,253 shares
- Disposal counterparty
- 2,671 company employees
Commentary
AI commentary · Not investment advice
What happened
Hyundai Elevator will give 144,253 of its own shares held in treasury (treasury shares) to 2,671 employees. This is compensation agreed in the 2026 wage deal with its labor union. The value is KRW 10.0 billion. The price per share is KRW 69,200, the closing price the day before the board meeting.
In the company's terms
Before this, the company held 2,987,323 treasury shares (7.6%). The company said the shares to be given equal 0.369% of its 39,092,385 shares outstanding. The half-year plan had set 150,000 shares, but the number changed once payment criteria were finalized.
What changes for shareholders
The shares will be handed over between October 19 and November 13. This falls within the up to 500,000 shares approved at the March 26 annual shareholders' meeting.
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