HD Hyundai said it will respond to the deepening global uncertainty caused by the U.S.-Iran war by forming dedicated risk teams and diversifying its business portfolio.
HD Hyundai held the 9th regular shareholders meeting on the 31st at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi Province.
Honorary Chairman Kwon Oh-gap of HD Hyundai said that day, "Amid the recent maximization of global economic uncertainty, HD Hyundai will respond proactively by forming dedicated risk teams at each affiliate and diversifying our business portfolio."
HD Hyundai posted record results last year with 71.2594 trillion won in revenue and 6.0996 trillion won in operating profit.
At this shareholders meeting, a total of six agenda items were approved, including approval of the financial statements, amendments to the articles of incorporation to exclude cumulative voting, and the appointment of an outside director to become a Commissioner of the audit committee.
On the day, HD Hyundai appointed Vice Chairman Cho Young-cheul as an inside director and former Samil PricewaterhouseCoopers advisor Jang Kyung-joon as an outside director to become a Commissioner of the audit committee.
It also said it will pay a settlement of account dividends of 1,300 won per share in line with its mid- to long-term dividend policy. Including quarterly dividends, the annual dividend per share is 4,000 won in total.
HD Hyundai said it plans to maintain a stable dividend stance going forward while carrying out various measures to enhance shareholder value.