SK Group Chief Purchases Shares of SK Hynix for 1st Time
7 Articles
7 Articles
SK Hynix Shares Surge in Seoul on US Peer Rally, Chey Purchase
SK Group chief purchases shares of SK hynix for 1st time
SK Group Chairman Chey Tae-won purchased a total of 3,620 shares of SK hynix Inc. in the open market, the company said in a regulatory filing Thursday, marking the first such move from the executive. The total value of shares purchased by Chey amounts to around 4.8 billion won (US$3.35 million), with the chipmaker's closing price at 1.32 million won on Thursday. Chey reportedly made the stock purchase in a bid to show his commitment to "responsi…
(Seoul = Yonhap News) Reporter Cho Seong-heum = SK Group Chairman Chey Tae-won purchased approximately 4.8 billion won worth of SK Hynix shares on the open market.
SK Group Chairman Chey Tae-won purchased 3,620 shares of SK Hynix common stock on the open market for approximately 4.8 billion won in his personal name. This is interpreted as a measure to practice responsible management, dispel market anxiety regarding the recent sharp decline in stock prices, and publicly express firm confidence in the long-term growth potential of the semiconductor business.
SK Hynix's Chairman Puts His Own Money on the Line — and the Market Answers With a Record Jump
The most powerful signal a chief executive can send isn’t a press release or an earnings call. It’s a personal check. When SK Group Chairman Chey Tae-won bought SK Hynix shares for the first time in his career on Thursday, he triggered something far bigger than a symbolic gesture: a 29.95 percent surge that slammed […] The post SK Hynix’s Chairman Puts His Own Money on the Line — and the Market Answers With a Record Jump appeared first on NewsCa…
[Digital Daily Reporter Kang Ki-hoon] SK Group Chairman Chey Tae-won recorded an unrealized profit of over 1.3 billion won as the stock price of SK Hynix soared to the daily upper limit just one day after he purchased shares. According to the Korea Exchange on the 31st, Chairman Chey purchased 3,620 common shares of SK Hynix on the open market the previous day for a total of 4.9 billion won. The average purchase price per share was 1,353,677 wo…
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