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Samsung Electronics Chairman Lee to buy 1.9 trillion won worth of shares from his mother

Source: reuters.com

Insider TransactionsManagement & Governance
Samsung Electronics Chairman Lee to buy 1.9 trillion won worth of shares from his mother

Samsung Electronics Chairman Jay Y. Lee will acquire 1.9 trillion won of Samsung shares from his mother, Hong Ra-hee, according to a Wednesday regulatory filing. The transaction is a significant insider ownership transfer but provides no indication of a change in Samsung's operating performance, strategy, or capital policy.

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