Hyundai Motor: Share Buyback of 1 Trillion Won and Trump's Tariffs
On 27 November, Hyundai Motor (005380 KS) announced that it plans to buy back 1 trillion won worth of its shares (700 billion won to be cancelled).
Trump's aggressive tariff policy has been one of the major factors negatively impacting Hyundai Motor's share price in the past several months.
Hyundai Motor's valuation has become more attractive. There are also other investments such as its stakes in Boston Dynamics and Hyundai Motor India that could be valued higher.
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