Samsung Electronics Executives Purchase 1.15 Billion KRW of Company Shares... Business Community Anticipates Stock Price Boost

Park Hak-gyu, Noh Tae-moon and 6 Others Join Share Buyback
Samsung Electronics Stock Price Hovering Around 70,000 KRW Range
Expectations for Nvidia Supply Boost... Anticipation of Entering 80,000 KRW Range

Executives at Samsung Electronics are showing their determination to boost the stock price by consecutively purchasing company shares.

According to the Financial Supervisory Service's electronic disclosure system on the 9th, six Samsung Electronics executives have purchased a total of 15,490 shares of their own stock this month, amounting to 1.14908 trillion KRW.

Samsung Electronics Seocho Building, Seocho-gu, Seoul. Photo by Jinhyung Kang aymsdream@

Park Hak-gyu, Head of Management Support Office (President), bought 5,500 common shares of Samsung Electronics on the 3rd at 73,700 KRW per share on the market, based on the settlement date. The total purchase amount was 403.5 million KRW. Noh Tae-moon, Head of Mobile Experience (MX) Division (President), also bought 5,000 common shares of Samsung Electronics on the same day at 73,500 KRW per share, totaling 367.5 million KRW on the market.

As a result, the Samsung Electronics shares they hold increased from 22,500 to 28,000 shares for President Park, and from 13,000 to 18,000 shares for President Noh. Additionally, Kim Dong-wook, Head of Finance Team (Vice President), purchased 2,000 shares (151.8 million KRW) on the 5th, and Jung Jae-wook, Vice President of Samsung Research Global AI Center, bought 1,330 shares (99.48 million KRW) on the 3rd. Following that, on the 5th and 7th, Finance Team executive Yoon Joo-han (Vice President) purchased a total of 660 shares (49.75 million KRW), and on the 7th, Support Team Head Park Soon-cheol (Vice President) bought 1,000 shares (75.2 million KRW).

In the business community, executives’ purchases of company shares are interpreted as a signal. It is analyzed that this conveys to the market their commitment to stock price defense, mid- to long-term growth, and responsible management. Especially during periods of stock price decline, when executives consecutively buy company shares, it can raise expectations that the stock price has bottomed out and may soon rebound.

This year, Samsung Electronics’ stock price has been hovering in the 70,000 KRW range. Although there was a brief period when it entered the 80,000 KRW range, the upward trend did not continue. Compared to competitor SK Hynix, which has taken the lead in the high-bandwidth memory (HBM) market and recently surpassed 200,000 KRW to reach a record high, Samsung’s stock price performance has been more sluggish.

However, this month, with executives’ purchases of company shares and expectations of Nvidia supply combined, Samsung Electronics’ stock price rose more than 5%, raising hopes of entering the 80,000 KRW range. Previously, whenever Samsung Electronics’ stock price fell or earnings were weak, executives actively stepped forward to purchase large amounts of company shares.

In 2022, when the global economic recession and semiconductor industry slowdown caused the stock price to decline, executives including Han Jong-hee, Head of Device Experience (DX) Division (Vice Chairman), and Kyung Kye-hyun, then Head of Device Solutions (DS) Division (President), purchased a total of 12.1 billion KRW worth of company shares.