Bioport Executives Continue Company Share Purchases, Citing Confidence in Long-term Growth

Food company Bioport announced on September 2, 2026 that key executives have continued to purchase the company’s shares.

Chief Executive Officer Kim Sunggu and Executive Vice President Kim Kiyoung purchased 5,000 and 5,500 shares of company stock, respectively, through on-exchange transactions between August 18 and 27. As a result, the total holdings of the largest shareholder, including related parties, expanded to 1,958,135 shares, raising their combined stake to 41.9%.

The company's key executives have been steadily acquiring shares throughout this year. From March to July, CEO Kim, Executive Vice President Kim, Executive Director Sung Kyungmin, and Managing Director Lee Kwonhee acquired a total of 21,924 shares through on-exchange purchases.

The company stated that the share purchases by key executives reflect both a commitment to responsible management and their confidence in the company’s performance and growth potential. In the first half of the year, Bioport achieved a turnaround with sales of 43.1 billion won and an operating profit of 2.3 billion won.

The company is also actively working to enhance shareholder value. In July, it completed the purchase of treasury shares worth 1 billion won and plans to proceed with a cancellation of these shares in the future. In addition, it will continue to implement shareholder return policies such as cash dividends.

Furthermore, Bioport plans to expand its export regions by leveraging its existing overseas distribution channels, while driving growth in overseas sales by diversifying its snack product portfolio and increasing production capacity. The company is also focusing on securing new revenue streams, such as expanding its K-beauty business through a global sales network.

A Bioport spokesperson commented, “The ongoing share purchases by key executives are based on confidence in the company’s long-term growth potential and increase in corporate value,” adding, “We will continue our efforts to enhance shareholder value through responsible management, which will further raise our corporate value.”

This content was produced with the assistance of AI translation services.