(Photo= Yonhap news)

 

[Alpha Biz= Reporter Kim Jisun] Yoo Jung-hyun, the wife of the late Nexon founder Kim Jung-ju and the chairwoman of NXC's board, along with her family, has sold ₩666.2 billion worth of shares to pay inheritance taxes.

On August 19, NXC disclosed that it had purchased 61,746 shares from Chairwoman Yoo, valued at ₩320.3 billion, and 31,771 shares each from her children, Jung-min and Jung-yoon, for ₩164.8 billion each.

Additionally, NXC acquired 3,122 shares of Wise Kids, a company owned equally by Jung-min and Jung-yoon, for ₩16.1 billion.

NXC explained that these transactions were aimed at stabilizing the group's management and facilitating the early payment of inheritance taxes by the family.

Previously, in February of the previous year, Yoo and her family paid approximately ₩4.7 trillion in inheritance taxes to the government using NXC shares. The Korea Asset Management Corporation (KAMCO), which was involved in managing the shares, decided not to participate in this latest share acquisition by NXC.

 

 

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