Elliott held over $1 billion worth of shares in the company. Elliott Management sold its shares in Hyundai Motor companies last year after it was thwarted in its campaign for …
Tag:
Hyundai Motor Group
- Hyundai
Hyundai set for Elliott showdown as it declines $6.3 billion payout call
by SpeedLuxby SpeedLuxHyundai Motor on Tuesday declined demands by U.S. activist investor Elliott Management for a total 7 trillion won ($6.3 billion) dividend payout and new board members, complicating attempts to renovate …
Hedge fund Elliott on Tuesday renewed pressure on Hyundai Motor, prompting it to return $10.6 billion of capital to shareholders and look forward to sell non-core assets, consisting of costly …
- Hyundai
Elliott Management calls for fresh restructuring at Hyundai Motor Group
by SpeedLuxby SpeedLuxU.S. activist hedge fund Elliott Management made new propositions to restructure Hyundai Motor Group on Friday, renewing pressure on the South Korean conglomerate months after forcing it to abandon its …
- Hyundai
Fewer Executives Were Promoted Even After A Drop In Profit By Hyundai Motor
by SpeedLuxby SpeedLuxOn Monday, Hyundai Motor Group, the second-biggest corporate of South Korea, has confirmed that after the annual reshuffle, they had promoted 348 executives, whereas the profit percentage is reduced by …
- Hyundai
Hyundai Motor executives to take voluntary 10 percent cut in salaries
by SpeedLuxby SpeedLuxExecutives at South Korea’s Hyundai Motor prepares to take a voluntary 10 percent cut in salaries from this month, the very first such relocation since the year of 2009, Yonhap …
- Hyundai
Hyundai Motor’s subcontractors to employ 18,000 new workers this year
by SpeedLuxby SpeedLuxSubcontractors of Hyundai Motor Group, South Korea’s car giant, plan to hire about 18,000 brand-new workers this year, offering a much-needed increase for the country’s plunging job market. Industry sources …
