[Asia Economy Reporter Jang Hyowon] Samsung Life Insurance announced on the 3rd that Lee Seo-hyun, Chairperson of the Samsung Welfare Foundation, disposed of 1.73% of her shares through off-hours trading.

Lee Seo-hyun, Chairperson of Samsung Welfare Foundation, Sells Samsung Life Insurance Shares Worth 216.2 Billion KRW View original image


On the 1st, Chairperson Lee sold 3,459,940 shares out of her total 6,919,863 shares at 62,500 KRW per share via off-hours trading. The total amount was approximately 216.2 billion KRW. After the disposal, she holds 3,459,923 shares, maintaining a 1.73% stake.



The funds raised from the share sale are reported to be used for inheritance tax payments.


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