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Hyundai Mobis Clarifies Buyback Price of KRW 408,394 Applies Equally to Common, Preferred Shares
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Hyundai Mobis Clarifies Buyback Price of KRW 408,394 Applies Equally to Common, Preferred Shares
  • 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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyundai Mobis Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261028000138), on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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