HYUNDAI G.F. HOLDINGS CO., LTD. Treasury share purchase of KRW 5.2 billion on market, to be cancelled
HAI summary · Not investment advice
Subsidiary Hyundai Green Food will buy 272,585 common treasury shares for KRW 5.2 billion on market through Feb 3, 2027, for cancellation.
Acquisition amount
KRW 5.2 billion
272,585 common shares · to enhance shareholder value through acquisition and cancellation of treasury shares
Key facts
- Subsidiary
- Hyundai Green Food Co., Ltd.Subsidiary of Hyundai G.F. Holdings
- Shares to acquire (common)
- 272,585 shares
- Acquisition period
- Nov 4, 2026 – Feb 3, 2027
- Purpose of acquisition
- To enhance shareholder value through acquisition and cancellation of treasury shares
- Acquisition method
- On-market purchase through the securities market
- Cancellation plan
- To be cancelled within a certain period after acquisition is completed
Commentary
AI commentary · Not investment advice
What happened
Hyundai G.F. Holdings' subsidiary Hyundai Green Food decided to buy back 272,585 of its own common shares on the market and then cancel them. The planned amount is KRW 5,249,987,100. The stated purpose is to raise shareholder value. It will buy through on-exchange purchases on the securities market, meaning it buys shares directly on the stock exchange. Shinhan Investment Corp. will handle the orders.
In the company's terms
The daily buy order limit is 27,258 shares. The reference share price is KRW 19,260. Before this plan, Hyundai Green Food held 746,374 treasury shares, meaning shares a company has bought back from the market.
What changes for shareholders
The expected purchase period runs from November 4, 2026 to February 3, 2027. It is an expected period, so actual timing and quantity may differ. The company plans to cancel the shares within a set period after the purchase is complete. The exact cancellation date is not given in the materials.
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