SEOUL, Sept 20 (Reuters) - Hyundai Motor Co. , South Korea's top automaker, said on Thursday it has decided to buy 1.67 million treasury shares for 118.3 billion won ($127.7 million) to distribute among its employees.
Hyundai said in a filing to stock exchange that it would buy the shares from Sept. 27 to Oct. 31.
Earlier this month Hyundai agreed to give 30 shares to each employee in a wage deal. ($1=926.1 Won)