Shin Dong-ik, vice chairman of Megamart, sells 6 billion won worth of Nongshim's stake this year

Reporter Kim Jisun / approved : 2023-09-18 03:38:26
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[Alpha Biz=(Chicago) Reporter Kim Jisun] MegaMart Vice Chairman Shin Dong-ik, the third son of Nongshim Group founder Shin Chun-ho, has sold about 6 billion won worth of Nongshim's stake this year alone, drawing keen attention to the background.

A total of 15,100 shares, with Vice Chairman Shin's stake in Nongshim falling 0.25% point to 1.98% from the previous 2.23%.

According to the Financial Supervisory Service (FSS) on the 17th, Vice Chairman Shin announced on the 7th that he sold 3,356 Nongshim shares in the market.

Based on the closing price of 442,500 won, it is about 1.485 billion won.

Shin has sold his shares seven times since February 16 this year. A total of 2,773,500 shares, with the total amount estimated to reach 6,012,000,000 won, considering each closing price.

Meanwhile, Vice Chairman Shin's stake in Nongshim has also been lowered.

Shin's stake reached 2.23 percent in early February this year, but fell to 1.98 percent after an in-house sale on the 7th. A total of 0.25 percentage points has been reduced.

Vice Chairman Shin had a 2.47% stake when he inherited a stake in Nongshim from the late chairman Shin in 2021.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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