As SM Entertainment's share price skyrocketed due to a 'management dispute', executives sold their shares
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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hoondork1977@alphabiz.co.kr | 2023-02-16 05:58:07
[Alpha Biz=(Chicago) Reporter Paul Lee] According to the Financial Supervisory Service's electronic disclosure system on the 15th, Nam Kyung-soo, a non-registered director, sold 8,313 shares of SM on the 14th. The unit price of disposal is 116,000 won, a total of 964.3 million won.
Nam is currently the head of the acting management center at SM Entertainment. He joined SM Entertainment in 2013 and has been working for 9 years and 6 months. Nam, who joined as an unregistered director in the 2017 business report, reported in a 2018 business report that he holds 8,313 common shares. It is the same size as the quantity sold this time.
Meanwhile, SM shares closed at 122,600 won, up 4.97% (5,800 won) from the previous day on the KOSDAQ market. It soared to 127,900 won during the day, soaring 63.03% since the beginning of the year.
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