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Samsung Electronics Chairman Lee Jae-yong to Receive 11.158 Million Shares from Mother, Valued at Approximately 260 Trillion KRW
On October 13, a securities trading plan filed by Samsung Electronics Chairman Lee Jae-yong revealed his intention to accept 11.158 million shares of Samsung Electronics common stock as a gift from his mother, Hong Ro-hee. Based on the company's closing price on that day, the value of the gift is approximately 260 trillion KRW. Following the transaction, Lee's shareholding will increase from approximately 105.2 million shares to about 116.4 million shares, raising his ownership stake from 1.58% to 1.75%. The filing states that the purpose of the transaction is to accept the gift, with the relevant agreement signed on October 12.
Read the full article at 36KrRelated coverage

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