SM changed its largest shareholder from Lee Soo-man to HYBE

Reporter Paul Lee / approved : 2023-02-23 08:22:48
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This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
SM엔터테인먼트 이수만 전 총괄 프로듀서와 하이브 방시혁 의장 (사진 = 연합뉴스)

[Alpha Biz=(Chicago) Reporter Paul Lee] SM announced on the 22nd that its largest shareholder has been changed from former SM producer Lee Soo-man to HYBE. 

 

HYBE became the largest shareholder as it acquired 3,523,420 shares, or 14.8% of former general manager Lee's 18.5% stake in SM (4,392,368 shares).

 

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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