Under pressure from Elliott, Hyundai Motor to cancel $890 million in shares

SEOUL (Reuters) – Hyundai Motor said on Friday it plans to cancel 960 billion won ($890 million) worth of treasury shares, its first share cancellation in 14 years, to boost shareholder returns.

…read more

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News