All executives of LOTTE Innovate, including CEO Kim Kyung-yup, have committed to responsible management and have begun to buy back company shares.
On the 18th, according to LOTTE Innovate and the Financial Supervisory Service electronic disclosure system, CEO Kim and 18 other executives recently purchased a total of 400 million won worth of LOTTE Innovate shares.
A company official noted, “We have united to convey our confidence in enhancing corporate value to our investors and to strengthen responsible management for future growth” and added, “In the future, we will explore various options to enhance shareholder value.”