LG Chem executives purchase company’s treasury stockA number of executives at LG Chem have bought a significant amount of treasury stock in a show of confidence in the company’s future business and to demonstrate their commitment to responsible management, the company said Monday.
Park Jin-soo, the vice chairman, bought 700 shares, resulting in 4,830 common shares. This is Park’s seventh time having bought the company’s treasury stock since his inauguration as CEO and 10th time in total.
Other executives who bought treasury stock include Yoo Jin-nyeong, co-president, who bought 713 shares; Son Ok-dong, vice president, who purchased 700 shares; and Lee Woong-beom, CEO of LG Innotek, who took in 500 shares.
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