Samsung Electronics Co-CEO Roh Tae-moon Buys 630 Million KRW Worth of Company Shares

TechFlow reported on Nov. 6, citing Yonhap News Agency, that Samsung Electronics Co-CEO Roh Tae-moon bought 3,000 company shares amid a recent sharp decline in Samsung Electronics shares following the U.S. midterm elections. The purchase price was 210,000 KRW per share, for a total of 630 million KRW. After the transaction, Roh Tae-moon's holdings in Samsung Electronics increased from 124,280 shares to 127,280 shares. The stake increase was interpreted as a move demonstrating his commitment to responsible management.

Source: TechFlow