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Hyundai-Kia $10 billion land purchase kills dividend hopes


According to the Hyundai Motor Group, the 10.6 trillion won ($10 billion) acquisition of a prized land plot in Seoul would be funded from the available cash the company has. That’s a hit for shareholders, as the decision to skip the usual process of issuing debt means the investor hopes to see a larger dividend this year is seriously jeopardized. Hyundai ...
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More Hyundai articles

Hyundai wants diversity to become a core objective in US business plan
According to Dave Zuchowski, the Hyundai Motor America CEO, who spoke during the Rainbow PUSH Coalition Automotive Project conference held in Detroit, diversity and inclusion are now an integral part ...
Hyundai board indeed kept in dark about record land bid price
Last month the largest South Korean automaker – the Hyundai Group – announced it won a 10.55 trillion won ($10 billion) auction to acquire a valued plot in Seoul, sparking ...
Hyundai i20 WRC – first photo released
The South Korean based automaker Hyundai has released the first official image with the new i20 WRC racer, which is completely new compared to the current one. After the second generation ...
Hyundai Genesis Coupe by BTR gets more than 800 HP for SEMA
The brand new Honda Genesis Coupe by BTR (Blood Type Racing) will be officially presented to the public, this year, during the 2014th edition of the SEMA Motor Show. Hyundai and ...
US: Toyota’s voice system the best, finds AAA study
Yesterday we told you about AAA Foundation for Traffic Safety’s research on voice systems used in cars, focusing on Apple’s Siri. Now, it’s time to find out who is the ...
Paris Motor Show LIVE: 2015 Hyundai i20
The 2014th edition of the Paris Motor Show continues as the South Korean based automaker Hyundai has recently pulled the wraps off the new i20. The 2015 Hyundai i20 is looking ...
ARK Performance Hyundai Genesis previewed for SEMA
The 2014th edition of the SEMA Motor Show is just around the corner and ARK Performance is providing us with a preview of its modified Hyundai Genesis. The upgrade package signed ...
Hyundai and workers reach initial salary deal
South Korea’s largest automaker has seen its shares slump to a new low this past weeks, as the company announced a huge $10 billion deal to buy a prized land ...
South Korea: Hyundai workers to continue partial strike
Hyundai Motor and its two largest affiliates – Kia Motors and Hyundai Mobis – have decided to make the largest post-crisis property deal in Asia – a move that brought ...



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