(Photo= Yonhap news)

 

[Alpha Biz= Reporter Kim Jisun] On August 13th, Kakao CEO Jeong Seon-ah purchased 2,773 Kakao shares, according to a disclosure.

This brings her total holdings to 4,871 shares.

Jeong acquired 1,389 shares on August 13th and 1,384 shares on August 14th at purchase prices of KRW 37,000 and KRW 37,100 per share, respectively, investing around KRW 100 million. Considering that it takes two trading days for settlement, it is estimated that Jeong made these purchases on August 9th and 12th.

Kakao's stock price has plummeted by 33% this year, closing at KRW 36,400, down about 1.9% on the day.

 

 

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