Jin Ok-dong, Shinhan Financial Group Chairman, Acquires Additional 170 Million KRW Worth of Company Shares
Jin Ok-dong, Chairman of Shinhan Financial Group, purchased an additional 17 million KRW worth of company shares on the 23rd.
According to the Financial Supervisory Service's electronic disclosure, Chairman Jin bought 5,000 shares of Shinhan Financial Group at 34,350 KRW per share on the same day through on-market transactions. The total amount was 171.75 million KRW. The total number of company shares held by Chairman Jin increased to 18,937 shares, up from the previous 13,937 shares.
A Shinhan Financial Group official explained, "This can be seen as a share buyback aimed at boosting the stock price and enhancing shareholder value."
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