bearish
Lee Family to Sell 2.6 Trillion Won in Samsung Companies to Pay for Inheritance Taxes
1k Views05 Nov 2023 22:04
Lee family plans to sell additional 2.6 trillion won worth of Samsung Electronics, Samsung C&T, Samsung SDS, and Samsung Life Insurance as part of their fourth installment of inheritance taxes.
Boomeranged on Wed, 10 Jan 2024 21:37
After the market close on 10 January, it was reported that the Lee family will sell a total of 2.8 trillion won worth of Samsung Group related shares, of which 2.2 trillion won (29.8 million shares) will be for Samsung Electronics shares through a block deal on 11 January (before market open).The sale price per share is a 1.2-2.0% discount from the closing price of 73,600 won on 10 January.
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