Business · Companies · 1 hr ago
Hong Ra-hee to give Lee Jae-yong Samsung shares worth about 2.6 trillion won
Hong Ra-hee plans to transfer Samsung Electronics shares to chairman Lee Jae-yong in a family transaction.
Samsung Electronics disclosed that the gift involves 11.158 million shares worth about 2.6 trillion won, based on the stock’s October 13 closing price.
The transfer is scheduled for November 12.
Once it is completed, Lee’s stake in Samsung Electronics is expected to rise from 1.58% to 1.75%.
Samsung said it expects limited impact on the market because the transfer is between family members.
The disclosure sets out the planned transfer, but it has not yet been completed.
Hong Ra-hee will give Samsung Electronics shares worth about 2.6 trillion won to Samsung Electronics Chairman Lee Jae-yong.
Samsung Electronics disclosed on October 13 that Hong would transfer 11.158 million shares to Lee.
The reported value is based on Samsung Electronics’ closing share price that day.
The transfer is scheduled for November 12.
After it is completed, Lee’s stake is expected to rise from 1.58% to 1.75%.
Samsung said the market impact would be limited because the transfer is between family members.
- Who
- Hong Ra-hee will give shares to Lee Jae-yong, chairman of Samsung Electronics.
- What
- Hong will transfer 11.158 million Samsung Electronics shares, worth about 2.6 trillion won.
- When
- The disclosure was made on October 13, 2026. The transfer is scheduled for November 12.
- Where
- Not stated
- Why
- Not stated
This story does not have two clearly opposing sides.
Samsung Electronics disclosed that Hong Ra-hee would transfer 11.158 million shares to Lee Jae-yong.
The share transfer is scheduled to take place.
- Shares to be transferred
- 11.158 million Samsung Electronics shares
- Estimated value
- About 2.6 trillion won, based on the October 13 closing price
- Scheduled transfer date
- November 12
- Lee Jae-yong’s stake before transfer
- 1.58%
- Lee Jae-yong’s stake after transfer
- 1.75%
Sources
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