KIA CORPORATION Material Event Report
KAI summary · Not investment advice
Kia will dispose of 1,754,496 treasury shares worth about KRW 190 billion to 30,916 employees on Nov 30, 2026, as payment under the 2026 wage negotiation.
Disposal amount
KRW 190.0 billion
Company employees · Shares paid under the 2026 wage negotiation result
Key facts
- Disposal price per share
- KRW 108,300Closing price on the business day before the board resolution (Oct 29, 2026)
- Purpose of disposal
- Payment of company shares under the results of the 2026 wage negotiation
- Disposal counterparty
- 30,916 employees of the company
Commentary
AI commentary · Not investment advice
What happened
Kia decided to dispose of 1,754,496 treasury common shares. The disposal price is KRW 108,300 per share, for a planned total of KRW 190.0 billion. The planned disposal date is 2026.11.30, and the recipients are 30,916 of the company's employees. The purpose is to pay company shares under the 2026 wage negotiation outcome. The board decision date was 2026.10.30.
In the company's terms
Relative to the company, the disposal amount equals 0.5% of market capitalization. Before the disposal, Kia held 1,756,955 treasury shares, so the planned number covers most of that holding. The holding and disposal plan was approved at the shareholders' meeting on 2026.03.20.
What changes for shareholders
For shareholders, the shares are scheduled to be delivered to employees on 2026.11.30. Because the shares come from treasury stock rather than a new issuance, the filing gives no dilution rate.
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