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[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Holdings Chairman Choi Jung-woo, whose term is due until March next year, recently purchased 300 million won worth of his shares, a report showed.
According to the Financial Supervisory Service's electronic disclosure system on the 18th, Chairman Choi bought 700 shares of POSCO Holdings twice on the 11th.
After purchasing 400 shares for 438,500 won on the same day, 300 shares were purchased for 439,000 won. It cost a total of 307.1 million won to buy 700 shares. Chairman Choi's shares in POSCO Holdings increased to 4,038 shares.
The time when Chairman Choi bought the stock is drawing attention. The 11th, when he bought the stock, is the day he visited the tomb of POSCO founder honorary chairman Park Tae-joon, so he calls for various interpretations in the background.
In particular, Choi is set to announce his position on whether to seek a third term in office on the 19th. After becoming chairman in July 2018, Choi succeeded in serving a second term in March 2021 and is set to expire. Three months before the expiration of the term of office in accordance with the company regulations, whether or not to advance or not shall be revealed.
POSCO Holdings will hold a board meeting on the 19th to discuss ways to improve its cultivation structure, which is reported by its "advanced governance task force (TF)."
If Choi tries to seek a second term, he is expected to report a plan to improve the current regulations that require him to be reviewed by the CEO candidate recommendation committee without competition to be reviewed with other candidates.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
