Kang Kye-ung, CEO of LG Hausys, Purchases 1,000 Shares of Company Stock
[Asia Economy Reporter Hwang Yoon-joo] LG Hausys CEO Kang Kye-woong expressed confidence in the future value of the company by purchasing company shares.
LG Hausys announced on the 10th that CEO Kang Kye-woong acquired 1,000 common shares of the company through on-market purchases on the 4th.
With this purchase, CEO Kang Kye-woong's total number of shares held reached 1,980. This is his second purchase of company shares, following the acquisition of 980 shares in May last year when he served as head of LG Hausys's Korea Sales Division.
LG Hausys explained, "CEO Kang Kye-woong's recent purchase of company shares expresses confidence in the future value of the company and a strong commitment to responsible management."
They added, "Although the stock prices in the building materials sector have generally declined due to concerns over poor performance caused by downturns in the construction and real estate markets, this move demonstrates a determination to improve performance and confidence in the business by strengthening the interior B2C market strategy and expanding overseas sales."
This year, CEO Kang Kye-woong is prioritizing 'customer satisfaction' by establishing a system that provides differentiated products and services desired by customers, ensuring that customers properly recognize the value they pay for, thereby promoting 'customer satisfaction management' that enables LG Hausys to achieve sustainable growth and generate profits.
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In addition, LG Hausys is reinforcing the commitment to responsible management through executive stock purchases, such as Executive Director Park Gwi-bong of the Decorative Materials Division acquiring 680 common shares on the 30th of last month.
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