"Bought on Company Faith, Got 400% Return" Executive’s Account Swells to 15.9 Billion Won with 13 Billion Won Profit
Hynix President Noh Jungkwak and Samsung Electronics President Taemon Noh Each Exceed 30 Billion Won in Stock Valuation
Samsung Electronics and SK hynix Shares Surge 164% and 258% This Year
Recently, the stock prices of Samsung Electronics and SK hynix have surpassed 300,000 won and 2 million won, respectively, with reports indicating that some executives have achieved returns of 180% to 400% on their holdings of company shares.
According to an analysis of the company shareholdings of three registered executives (president level and above) each at Samsung Electronics and SK hynix, as disclosed in the Financial Supervisory Service’s electronic disclosure system over the past 10 years, the total valuation of their shares reached 101.2 billion won as of May 31.
Noh Jongjung and Cha Sunyong, Presidents of SK hynix, Rank First in Valuation and Returns
Kwak Nohjung, CEO and President of SK hynix, holds 14,312 shares, which at the closing price of 2,333,000 won on May 29, amounts to a valuation of 33.39 billion won—the highest among the group. If calculated based on the closing price on the date of acquisition, the average purchase price per share is approximately 680,000 won. His return rate stands at 241%, with a profit of 23.6 billion won, also the highest in terms of absolute gains.
For Cha Sunyong, President of SK hynix, the return rate exceeds 400%, making it the highest among the group. The average purchase price for his 6,834 shares is around 430,000 won, and the current valuation stands at 15.9 billion won. His profit alone is about 13 billion won.
The outstanding returns of Presidents Kwak and Cha are mainly attributed to the exercise of stock options on April 6. Both exercised options for 2,329 shares each at a price of 138,980 won per share. At that time, SK hynix shares were trading at 886,000 won.
Tae Moon Roh, President of Samsung Electronics, Hits Jackpot with Company Share Purchases for Responsible Management
The valuation of shares held by Tae Moon Roh, President and CEO of Samsung Electronics and Head of the Device Experience (DX) Division, also reached 31.2 billion won. Between 2021 and 2024, when Samsung Electronics stock was in the 60,000 to 81,700 won range, President Roh personally purchased a total of 28,000 shares as part of his commitment to responsible management. For these shares, the average purchase price was about 71,000 won. Compared to the closing price on May 29 (317,000 won), this translates to a 347% gain. Including an additional 70,000 shares received as bonuses in 2023 and 2024 with an average purchase price of 126,000 won, his overall return stands at around 180%.
Jin Younghyun, Vice Chairman and CEO of Samsung Electronics and Head of the Device Solutions (DS) Division, and Kim Yonggwan, President and Head of Business Strategy at the DS Division, hold 32,787 and 32,158 shares, respectively. Their shares are valued at 10.4 billion won and 10.2 billion won, with return rates of 182% and 241% each.
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Samsung Electronics and SK hynix Lead KOSPI Rally, Bullish Trend Expected to Continue
The securities industry predicts that the stock prices of Samsung Electronics and SK hynix—the 'semiconductor duo' leading the KOSPI—will continue to rise. This outlook is based on two factors: the ongoing global shortage of semiconductors and the recent signing of long-term agreements (LTAs) between global big tech companies and semiconductor manufacturers. As a result, returns for executives holding company shares are also expected to remain strong for the foreseeable future.
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