|Bid||173,500.00 x 0|
|Ask||174,000.00 x 0|
|Day's range||173,000.00 - 177,000.00|
|52-week range||163,000.00 - 235,500.00|
|Beta (5Y monthly)||1.05|
|PE ratio (TTM)||N/A|
|Earnings date||20 Jul 2022 - 25 Jul 2022|
|Forward dividend & yield||5,000.00 (2.78%)|
|Ex-dividend date||29 Dec 2021|
|1y target est||252,806.00|
The union that represents Hyundai Motor Co's South Korean workers said on Tuesday it plans to resume a week of wage talks with management on Wednesday, staving off any immediate prospect of a walkout in a protracted industrial dispute. A deal would allow Hyundai Motor, bracing for a possible economic downturn and grappling with a prolonged global chip shortage, to avoid what would have been its first domestic strike in four years. Ahead of the talks, the union, one of the biggest in the country with more than 46,000 members, said it plans to reject proposed overtime shifts at all Hyundai Motor factories in the country this coming Saturday.
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SEOUL (Reuters) -Hyundai Motor Co's unionised workers in South Korea voted for a possible strike for the first time in four years over demands for higher wages and anger that management was prioritising overseas investment. The union, one of the biggest in the country with more than 46,000 members, said on Friday that 81.63% of its voting union members had approved strike action unless the company accept their demands. If the union does strike, other industries could follow suit, threatening to slow South Korea's manufacturing-reliant economy, which last month saw exports grow at their slowest pace in more than 1-1/2 years.