Distribution of Shares
Hankook Tire has established strong financial soundness and has achieved stable growth through a well-balanced share and distribution structure.
|Classification||No.of Shareholders||Proportion||No.of Shares||Proportion|
Treasury Stock has no voting rights and Hankook Tire & Technology follows the one share one vote rule.
Institutional Shareholders - The Ownership of the National Pension Service amounts to 8.15%.
|Classification||No. of Shares||Proportion|
Founder & Founding Family Ownership
|Name||No. of Shares||Ownership|
|Hankook Technology Group Co., Ltd.||37,995,959||30.67%|
|Yang Rai Cho||7,019,903||5.67%|
|Hyun Shick Cho||799,241||0.65%|
|Hyun Bum Cho||2,561,241||2.07%|
※ The remaining founder & founding family ownership amounts to 3.53%.
|Category||Name||No. of Shares|
|Registered executives||CEO||Hyun Bum Cho||2,561,241|
|COO||Soo Il Lee||3,213|
|Independent director||Choong Hwan Cho||3,679|
|Non-registered executives||Chairman||Yang Rai Cho||7,019,903|
|Other non-registered executives||2,469|
Status of Voting Rights Exercised
The number of attendant shares at the 8th regular general shareholders' meeting held on March 27, 2020 is 100,298,892 shares in total, including written voting right, electronic voting, and delegate attendance by a power of attorney, whose number is 80.98% (123,852,681 shares) of the number of shares with voting rights issued by the company.
The number of attendant shares excluding the largest shareholders and related parties is 46,745,713 shares, which is 37.74% of the number of voting shares issued by the company (123,852,681 shares).
The agenda of the 8th regular general shareholders’ meeting were approved as the original proposal meeting the resolution requirement. The detailed decisions of each proposal are as follows:
|Total number of shares
issued with voting rights
|Voting rights exercised
|Shares disagreed & abandoned
|Approval of financial statements (including surplus disposal statement (draft))||Pass||123,852,681||100,298,892||89,550,063
|Partial amendment to the Articles of Incorporation||No. 2-1. Add purpose of business||Pass||123,852,681||100,298,892||99,887,276
|No. 2-2. Change location of head office||Pass||123,852,681||100,298,892||99,887,206
|Approval of the directors' compensation limit||Pass||123,852,681||100,298,892||89,775,505