Elliott Management had called for a special dividend and a board shake-up at Hyundai Motor Group, South Korea's No.2 family-run conglomerate, to address its "poor governance" and "excess cash".
(Reporting by Hyunjoo Jin; Editing by Stephen Coates)
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5-day change | 1st Jan Change | ||
241,000 KRW | -3.21% | -3.60% | +18.43% |
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SEOUL (Reuters) - Hyundai Mobis shareholders voted on Friday against Elliott Management's proposal for dividend payouts.
Elliott Management had called for a special dividend and a board shake-up at Hyundai Motor Group, South Korea's No.2 family-run conglomerate, to address its "poor governance" and "excess cash".
(Reporting by Hyunjoo Jin; Editing by Stephen Coates)
1st Jan change | Capi. | |
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+18.43% | 39.53B | |
+38.24% | 314B | |
+1.71% | 68.77B | |
+3.31% | 66.93B | |
+21.62% | 55.9B | |
+24.89% | 50.94B | |
+1.97% | 49.86B | |
+29.85% | 45.16B | |
+26.81% | 29.16B | |
+17.75% | 25.93B |