Samsung SDI to raise 2 trillion won via stock offering
Published: 14 Mar. 2025, 09:37
![A battery Samsung SDI currently invents [SASMUNG SDI]](https://koreajoongangdaily.joins.com/data/photo/2025/03/14/10324db2-c7be-4c1c-a6d8-947a335679ed.jpg)
A battery Samsung SDI currently invents [SASMUNG SDI]
Samsung SDI, a major Korean battery maker, announced on Friday that it would sell stock to raise 2 trillion won ($1.37 billion). The proceeds from the stock sale will be used mainly to finance stock acquisition.
According to a regulatory filing, the company will issue some 11.82 million common shares at a price of 169,200 won per share. The stock will be sold to the firm's shareholders.
Yonhap
with the Korea JoongAng Daily
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