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Shin Yoo-yeol, Vice President of Lotte Group (Photo = Yonhap news) |
[Alpha Biz= Reporter Kim Jisun] Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-bin, has increased his stake in Lotte Holdings by purchasing over 4,000 additional shares.
According to the Financial Supervisory Service’s disclosure system on the 4th, Vice President Shin acquired 4,620 shares of Lotte Holdings through an open market purchase on the previous day. The purchase price was 21,238 KRW per share, totaling approximately 98.12 million KRW. Following this acquisition, Shin’s total holdings in Lotte Holdings increased from 11,796 shares to 16,416 shares, representing a 0.02% stake.
Shin, who concurrently serves as the head of Lotte Holdings’ Future Growth Division and Global Strategy Division at Lotte Biologics, had previously purchased 7,541 shares (worth 195.02 million KRW) in June and 4,255 shares (worth 100.405 million KRW) in September.
Additionally, Shin recently advanced from the position of Executive Director to Vice President in a reshuffling of Lotte Group's executive leadership.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
