SKC
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CCorporation
A leading company that strive for the world’s best.
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CCreation
Global ESG material solutions company
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CCommunication
SKC is making efforts to create a better future for all of our partners.
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CCareer
SKC is making efforts to create a better future for all of our partners.
● SKC CEO & President Woncheol Park bought SKC shares worth about KRW 100 million··· in a sign of commitment to and confidence in future growth
● CFO Doohwan Choi also purchased 500 shares··· management leaders upholding more accountability subsequent to the purchase of treasury stock by the Company
SKC CEO & President Woncheol Park announced an in-market purchase of 1,244 SKC shares on Sep. 18. The average purchase price per share was about KRW 80,000, and the total amount of the treasury stock purchase was about KRW 100 million.
Since inaugurated as the CEO of SKC last March, Woncheol Park has been intent on portfolio shift in favor of high-value materials built on proprietary technologies, putting spurs to innovations for sustainable growth. With growing uncertainties in externalities to business activities such as global economic slowdown, interest rate hike and oil price rise, etc., CEO Woncheol Park decided to buy SK shares to demonstrate his commitment to accountable management practices and confidence in SKC’s future growth as the CEO.
CFO Doohwan Choi also followed the suit in a sign of commitment to enhancing management accountability and increasing shareholders’ value. CFO Doohwan Choi bought 500 SKC shares in the market.
“SKC management leaders’ purchase of SKC shares in addition to the Company’s purchase of treasury shares at around KRW 200 billion last year suggest the Company’s determination to boost corporate valuation and shareholders’ value as well as management accountability,” an official at SKC said. “SKC will work harder to strengthen its competitiveness in primary business lines to deliver greater performance and foster sustainable growth.” [End]
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