Choi Seong-an, President of Samsung Engineering, Purchases 20,000 Company Shares

CEO Choi also purchased 30,000 shares last month... "As part of strengthening responsible management"

Choi Sung-an, the newly appointed CEO of Samsung Engineering.

[Asia Economy Reporter Ki-min Lee] Choi Seong-an, president of Samsung Engineering, has additionally purchased 20,000 shares of Samsung Engineering, the company he manages.

Samsung Engineering announced on the 12th through a public disclosure that President Choi purchased 20,000 shares of Samsung Engineering.

On the 10th, President Choi acquired 20,000 company shares through on-market purchases. The acquisition price was 12,975 KRW per share, totaling 259.5 million KRW. With this purchase, the shares held by President Choi increased from the previous 74,255 shares (0.04%) to 94,255 shares (0.05%).

The total Samsung Engineering shares purchased by President Choi this year amount to 50,000 shares. Previously, on the 24th of last month, President Choi also purchased 30,000 shares of Samsung Engineering at 14,750 KRW per share, totaling 442.5 million KRW.

A company official explained the purpose of the stock purchase as "to enhance shareholder value through responsible management."

Meanwhile, Samsung Engineering stated, "On the occasion of the 50th anniversary of its founding this year, the company plans to establish a foundation for stable and sustainable growth through solid performance and digital technology innovation."

This content was produced with the assistance of AI translation services.