Hwang Hyun-sik, LGU+ CEO, Purchases 150 Million KRW Worth of Company Shares

[Image source=Yonhap News]

LG Uplus announced on the 29th that CEO Hwang Hyun-sik purchased 15,000 shares of the company's stock.

The purchase price was 153 million KRW, with an average acquisition price of 10,200 KRW per share.

Executive Director Yeo Myung-hee, who serves as an inside director as well as Chief Financial Officer (CFO) and Chief Risk Officer (CRO), bought 5,000 shares, while Executive Director Kim Beom-soon, Head of the Legal Office, acquired 2,338 shares.

A representative from LG Uplus stated, "This decision was made to strengthen responsible management and enhance shareholder value at a time when preparing for the future from a mid- to long-term perspective for sustainable growth is crucial."