Daewoo E&C Management Purchases Company Shares to Demonstrate Responsible Management

[Asia Economy Reporter Yoo In-ho] The management of Daewoo Engineering & Construction purchased company shares as part of their commitment to responsible management. Daewoo Engineering & Construction announced on the 27th that all executives, including President Kim Hyung, purchased company stocks on the open market.

The company explained that this stock purchase was made based on the voluntary decision of the executives, not through the employee stock ownership association method.

Daewoo Engineering & Construction stated that from the 26th of last month to the 23rd of this month, a total of 1,562 employees, including all executives, purchased approximately 1.7 million shares of company stock through the 'Daewoo Love Campaign.' The purchase amount was about 6 billion KRW.

A Daewoo Engineering & Construction official said, "Following the first campaign held last year to declare our commitment to responsible management, many employees voluntarily participated in this year's second campaign. We hope that the market also perceives the expectations for the company's continuous growth and enhancement of corporate value."

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