[Featured Stock] DXVX Rises on News of Major Shareholder Lim Jong-yoon and Executives Buying 1 Billion Won Worth of Shares
DXVX is showing strong performance. It is believed to be influenced by the news that Chairman Lim Jong-yoon of Cori Group, the largest shareholder, and the management team purchased shares to enhance shareholder value.
As of 2:49 PM on the 18th, DXVX is trading at 1,871 KRW, up 29.93% compared to the previous day.
DXVX announced on the 18th that on the 14th, Chairman Lim Jong-yoon of Cori Group, the largest shareholder, purchased 758,114 shares on the market. Chairman Lim bought the shares at 1,313 KRW each, investing a total of 1 billion KRW.
On the same day, DXVX CEOs Lee Yong-gu and Kwon Kyu-chan also purchased 5,000 shares and 10,000 shares on the market, respectively.
In addition, Cori Group executives, including Han Sung-jun, who recently joined as a shareholder and is the CEO of Cori Group, are also known to have purchased DXVX shares on the market.
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A DXVX representative stated, "The largest shareholder and the group management purchased shares on the market to strengthen responsible management and enhance shareholder value. This is an expression of confidence in the company's growth potential and success in new drug development."
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