60 Samsung Executives Purchase Company Shares Worth 15.8 Billion KRW—230,000 Shares Bought
Kim Jisun
stockmk2020@alphabiz.co.kr | 2024-11-18 07:23:42
Photo = Yonhap news
[Alpha Biz= Reporter Kim Jisun] As Samsung Electronics announced a plan to invest 10 trillion KRW in share buybacks, its executives have collectively purchased company stocks worth 15.8 billion KRW this year.
According to the Financial Supervisory Service's electronic disclosure system on the 17th, 60 Samsung Electronics executives acquired a total of 232,386 shares, valued at 15.8 billion KRW, in 2024.
Vice Chairman Han Jong-hee purchased 10,000 shares for 739 million KRW. Vice Chairman Jun Young-hyun, overseeing the semiconductor division, also added 10,000 shares for 689.5 million KRW. Meanwhile, TM Roh, head of the Mobile eXperience (MX) division, secured 15,000 shares for 1.015 billion KRW.
This comes after Samsung Electronics revealed on the 15th its plan to enhance shareholder value through a year-long share buyback program worth 10 trillion KRW.
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