{
  "docId": "019dd923-622c-750b-8b9c-659f02c39001",
  "docSlug": "c679d51619b7",
  "documentTitle": "Hyundai Motor Group",
  "authorId": "02_Elliott_Management",
  "authorName": "Elliott",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2018-04-23 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.4444444,
  "pageNumber": 4,
  "pageCount": 43,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "appendix",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 6,
  "notes": "This slide serves as a credibility-building appendix, highlighting past success to validate the current proposal for Hyundai.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "numbered_list"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9c-659f02c39001/4",
  "deckHref": "/decks/019dd923-622c-750b-8b9c-659f02c39001",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9c-659f02c39001.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9c-659f02c39001#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.25,
        "w": 0.904,
        "x": 0.048,
        "y": 0.33
      },
      "kind": "list",
      "text": "1. Increased dividend distribution by 30% to KRW 4.0 trillion for 2016, and more recently decided to increase its dividend distribution again to KRW 5.8 trillion in 2017.\n2. Committed to improve dividend distribution by 100% for 2018 to KRW 9.6 trillion.\n3. Initiated a share repurchase program of KRW 9.3 trillion in January 2017.\n4. Announced cancellation of all outstanding treasury shares (12.9% of common shares and 15.7% of preferred shares).",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e0446949-f9fe-4e1c-9d8e-1396e588644d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.075,
        "w": 0.904,
        "x": 0.048,
        "y": 0.635
      },
      "kind": "paragraph",
      "text": "Elliott believes that this improvement resulted from a combination of Elliott's proactive and creative approach to investments in the Korean market. This Proposal is based on Elliott's belief and efforts towards Hyundai Motor Group.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "56f6d8fa-7b38-4dd8-8a54-cd6362f437f6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.904,
        "x": 0.048,
        "y": 0.265
      },
      "kind": "paragraph",
      "text": "With its strong understanding of the Korean market and corporate structures, Elliott has been successful in enhancing shareholder value in Korea. One recent example is the Samsung Electronics Value Enhancement Proposal published in October, 2016.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a6e0548f-634b-49c3-8fa3-807471c64220",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.075,
        "w": 0.904,
        "x": 0.048,
        "y": 0.175
      },
      "kind": "paragraph",
      "text": "Founded in 1977, Elliott today manages approximately US $35 billion for institutional and individual investors. As one of the oldest private investment firms of its kind under continuous management, Elliott employs a value-added investment strategy.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ae24f14a-25e2-45e6-961c-5adc288781e9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.17,
        "x": 0.048,
        "y": 0.063
      },
      "kind": "title",
      "text": "About Elliott",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ca5715a7-6fa6-4a3a-a38c-a4b4fdc0a576",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "authority-citation",
      "slug": null,
      "matchId": "a9ce5786-34c0-4d73-8213-bf278e71e815",
      "evidence": "Citing past successful interventions (Samsung) to build credibility for current proposal.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 9,
      "from": 1,
      "beatId": "42f8193b-9589-4295-8ab2-f714e944ed75",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Problem (Identify pain)",
      "beatSlug": "problem-agitate-solution-problem-identify-pain",
      "evidence": "The document presents the current state of Hyundai Motor Group and its underperformance",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}