Samsung Electronics' President Roh Tae-moon Buys 350 Million KRW in Company Stock
Kim Jisun
stockmk2020@alphabiz.co.kr | 2024-09-11 03:48:00
Roh Tae-moon, president of Samsung Electronics (MX Business Manager).
Photo=Samsung Electronics
[Alpha Biz= Reporter Kim Jisun] Roh Tae-moon, president of Samsung Electronics' Mobile eXperience (MX) division, has purchased 5,000 shares of the company’s stock.
According to the Financial Supervisory Service's electronic disclosure system on the 10th, Roh acquired the shares on the 9th at a price of 69,500 KRW per share, amounting to a total of approximately 347.5 million KRW. Following this transaction, Roh now holds 23,000 shares of Samsung Electronics.
Samsung Electronics executives have been actively purchasing company shares as part of efforts to boost the stock price and demonstrate stronger management accountability.
On September 5, Han Jong-hee, vice chairman of the Device eXperience (DX) division, also purchased 10,000 shares for 739 million KRW, increasing his total holdings to 25,000 shares.
In June, key executives like Park Hak-kyu, head of the Management Support Division, and Vice Chairman Jeon Young-hyun, who leads the Device Solutions (DS) division, also bought company shares. The total amount of Samsung Electronics shares acquired by executives during this period exceeds 2 billion KRW.
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