On March 25 Last Year, Purchased 1,019,737 Samsung Electronics Shares at an Average Price of 42,981 KRW
On January 13 This Year, Sold 2,537,250 Shares at an Average Price of 92,643 KRW
[Asia Economy Reporter Gong Byung-sun] It has been revealed that the National Pension Service realized a profit of approximately 2 trillion KRW during its period as a major shareholder of Samsung Electronics.
According to the Samsung Electronics 'Report on Ownership of Major Shareholders' disclosed on the Financial Supervisory Service's electronic disclosure system on the 18th, the National Pension Service traded common shares a total of 738 times from August 2019, when it became a major shareholder, until last month. Of these, 373 were purchases and 365 were sales.
In August 2019, the National Pension Service held 597.92 million common shares of Samsung Electronics, securing a 10.01% stake. When the stake exceeds 10%, one becomes a major shareholder.
During the period as a major shareholder, the National Pension Service's trading volume of Samsung Electronics shares was about 1.2% of the stake, realizing a capital gain of 1.9288 trillion KRW. This profit excludes dividends and valuation gains. The total purchase amount was 6.8503 trillion KRW, and the total sales amount was 8.7791 trillion KRW. The average purchase price per share was 52,961 KRW, and the average selling price was 67,095 KRW. The rate of return was 26.6%.
In May last year, the number of shares held increased to 668.28 million, raising the stake to 11.19%. Due to the stock market crash caused by COVID-19 in March last year, the National Pension Service made large purchases of Samsung Electronics shares, effectively buying at the bottom. In particular, the net purchase in March last year was 18.26 million shares, about three times that of February (5.76 million shares) and April (6.4 million shares). The average price of the 1,019,737 shares purchased on March 25 last year was 42,981 KRW.
However, last month, as a result of selling Samsung Electronics common shares, the holdings decreased to 596.41 million shares, and the stake dropped to 9.99%. Net sales were concentrated in January and February. The number of shares, which was 638.68 million at the end of last year, decreased by 23.62 million shares to 615.05 million at the end of January. By the end of February, it further decreased by 17.54 million shares to 597.51 million. On January 13, the National Pension Service sold 2.53725 million Samsung Electronics shares at an average price of 92,643 KRW. This was sold at more than twice the average purchase price of the shares bought on March 25 last year.
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