Hyundai Mobis Clarifies Buyback Price of KRW 408,394 Applies Equally to Common, Preferred Shares
Bitget2026/10/28 02:26- Hyundai Mobis clarified in an October 28, 2026, correction that dissenting common and preferred shareholders will receive the same proposed buyback price.
- The proposed price is KRW 408,394 per share for shareholders opposing the automotive lamp business split-off.
- The objection period now begins October 28, rather than November 9, and ends November 23, 2026.
- The split-off remains scheduled for April 1, 2027, with all shares in the new company slated for sale to OPmobility.
- Buyback requests exceeding KRW 230 billion could trigger cancellation of the split-off.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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