Executives of Shinhan Financial Group recently purchased over 4,000 of their own shares en masse.
According to the financial sector on the 7th, Kim Ji-on, head of the Audit Division (senior managing director), Bang Dong-gwon, head of the Risk Management Division (vice president), Cheon Sang-young, head of the Group Finance Division (vice president), and Lee In-gyun, head of the Group Operations Division (vice president) announced that they bought a total of 4,200 shares of their own company from the 2nd to the 3rd.
The purchase quantities and unit prices for each executive were: ▲ Kim (senior managing director) 700 shares at 48,700 won ▲ Bang (vice president) 1,000 shares at 48,561 won ▲ Cheon (vice president) 1,500 shares at 48,700 won ▲ Lee In-gyun 1,000 shares at 48,500 won.
A representative of Shinhan Financial Group noted, "Executives purchased their own shares from a responsibility management perspective" and added, "In the future, Shinhan Financial Group will implement various measures to enhance shareholder returns, including executives' purchases of their own shares."