Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Hyundai Motor Preferred - Time to Catch Up to Common Shares

Boston Dynamics - An IPO Likely on NASDAQ in 1H 2027

Gap Trade Opportunities in Korean Prefs Vs Common Share Pairs in 2Q 2026

Douglas Research Advisory

Event-Driven

<ul>
<li>Hyundai Motor announced a major share cancellation involving 2.51 million treasury shares [1.29 million common shares (0.6% of common shares) and 1.21 million preferred shares (2% of preferred shares)]. </li>
<li>Overall, I think there were some disappointment with the level of cancellations for common shares but not for preferred shares.</li>
<li>In my view, Hyundai Motor's preferred shares are likely to outperform the common shares in the next 6-12 months amid this treasury shares cancellation announced today. </li>
</ul>


Hyundai Motor announced a major share cancellation involving 2.51 million treasury shares [1.29 million common shares (0.6% of common shares) and 1.21 million preferred shares (2% of preferred shares)]. 
Overall, I think there were some disappointment with the level of cancellations for common shares but not for preferred shares.
In my view, Hyundai Motor's preferred shares are likely to outperform the common shares in the next 6-12 months amid this treasury shares cancellation announced today. 


Hyundai Motor Preferred Shares Likely to Outperform Common Shares Amid Treasury Shares Cancellation