Hyundai G.F. Holdings Announces Stock Exchange for Hyundai Home Shopping and 100 Billion Won Share Buyback & Cancellation
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Decided stock exchange to make Hyundai Home Shopping a wholly owned subsidiary at ratio of 1:6.3571040.
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Hyundai Home Shopping to cancel 792,250 treasury shares and 146 shares from appraisal rights.
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Hyundai G.F. Holdings plans to buy back and cancel 100 billion won worth of treasury shares to offset dilution from new shares.
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After exchange, Hyundai Home Shopping will be delisted, followed by a spin-off and merger to simplify governance.
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Dividend policy: Hyundai G.F. Holdings aims to maintain the current DPS level (2,800 won) after exchange.
KOSPI Filing Information
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Filing: [Correction of Description] Report on Major Matters (Decision on Stock Exchange and Transfer)
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Company: Hyundai G.F. Holdings (005440)
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Submission: Hyundai G.F. Holdings Co., Ltd.
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Receipt: 05-22-2026