HYUNJOO JIN

Hyundai, Kia unveil share buybacks after anger over property purchase

Hyundai Motor Co (005380.KS) and affiliate Kia Motors (000270.KS) unveiled share buybacks worth a combined 670 billion won ($615 million), in an apparent bid to appease investors angered by the sky-high price paid for property to house new headquarters.

By HYUNJOO JIN