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[Alpha Biz=(Chicago) Reporter Paul Lee] According to the Financial Supervisory Service's electronic disclosure system on the 13th, executives of HJ Heavy Industries purchased a total of 83,248 shares of their own shares in a row last month and this month.
In the past month, Hong Moon-ki, CEO of the construction sector, bought 5,700 shares and Yoo Sang-chul, CEO of the shipbuilding sector, bought 5,600 shares in the market. The CEO is not the only executive who bought back shares. Several executives are known to have continued to buy thousands of shares in the market. A total of 29 executives, including the CEO, purchased stocks from last month to the 8th of this month.
In the financial investment industry, the purchase of shares by such company executives is seen as a positive sign. This is because management's purchase of treasury shares, which knows the company's management status better than anyone else, is considered to contain confidence and commitment to business growth in the future.
The industry expects both the construction sector and the shipbuilding sector to have a positive impact on stock prices in the future, coupled with a steady increase in orders and expectations for improved earnings.
HJ Heavy Industries currently has an order backlog of about 7.4 trillion won.
AlphaBIZ 폴 리(hoondork1977@alphabiz.co.kr)
