President Kim Dong-chun of LG Chem bought about 100 million won worth of company stock. It is the first time Kim has purchased company stock since taking office at the end of last year.
According to the Financial Supervisory Service's electronic disclosure system on the 30th, Kim acquired 336 common shares of LG Chem at 296,737 won per share through on-exchange purchases on the 25th. The total purchase amount is about 99.7 million won.
An LG Chem official said, "Kim's purchase of company stock is an expression of practicing responsible management and a firm commitment to the corporations' mid- to long-term growth and enhancement of shareholder value."
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