This is Hyundai Motor's 2025 progress report on the three-year "corporate value-up" plan it announced in August 2024. The company says it returned a combined 35.0% total shareholder return (TSR) for the year attributed to 2025: a ₩2.6tn cash dividend (₩10,000 per share, 27.7% payout ratio), ₩0.5tn of treasury-share cancellation (at cancellation-date market price) and ₩0.2tn of buybacks weighted toward the preferred shares to offset their trading discount. Combined, the ₩3.3tn returned equals roughly 32% of FY2025 net income (₩10.36tn) and about 4% of the current ₩82.0tn market cap. The filing reiterates the 2025-2027 targets set in 2024 — a minimum ₩10,000 dividend per share and 35%+ TSR each year — but gives no detail on how much of the ₩0.2-0.5tn buyback/cancellation mix will repeat; that split is set year to year.