Shinsegae Co. said on the 5th that Chief Executive Park Ju-hyeong, who also serves as CEO of Shinsegae Central, bought 730 shares of the company on the market. The purchase was about 1.29 billion won.

Park Joo-hyung, Shinsegae CEO, delivers commemorative remarks at the Myeong-dong Square opening event for 2024 Light Up Seoul, Korea held in the plaza in front of the Seoul Central Post Office on Sogong-ro in Jung-gu, Seoul. /Courtesy of News1

With this stock purchase, Park's holdings increased to 1,075 shares (about 0.01% equity). The company said the purchase was intended to reinforce a commitment to responsible management.

Park was promoted to president in the 2026 regular executive reshuffle at Shinsegae Group implemented in Sep.

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