Jeon Yeongmuk, CEO of Samsung Life, Buys 6,000 Shares of Company Stock... "Realizing Responsible Management"
Former President Purchased 6,000 Company Shares on 19-20
CFO Yoo Hoseok Also Bought 3,000 Shares
[Asia Economy Reporter Ki Ha-young] Samsung Life Insurance announced on the 24th through the 'Report on Ownership Status of Specific Securities by Executives and Major Shareholders' disclosure that CEO Jeon Young-mook purchased 6,000 shares of the company's stock.
After being appointed as CEO through the board of directors and general shareholders' meeting on the 19th, Jeon purchased a total of 6,000 shares of the company's stock in two transactions: 4,000 shares on the 19th and 2,000 shares on the 20th. This was to take the lead in responsible management and enhance shareholder value.
Additionally, Yoo Ho-seok, Vice President (CFO), who was also appointed as an inside director at this general shareholders' meeting along with CEO Jeon, purchased 3,000 shares of the company's stock on the 19th.
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A Samsung Life Insurance official stated, "The purchase of company shares by the management, including the CEO, reflects their determination to gain trust from shareholders through responsible management despite difficult business conditions and to further grow the company."
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