Alphabiz - Hyundai Mobis purchases and retires 150 billion won worth of treasury stock

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Hyundai Mobis announced on the 16th that it would purchase and retire treasury stocks worth 150 billion won.

The expected acquisition period is from 19th to May 14th.

Hyundai Mobis explained, "It is the acquisition and incineration of equity stocks according to our shareholder return policy."

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)