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    HomeNewsWorldSamsung Electronics shares priced at 84,100 won each in $326 million block sale

    Samsung Electronics shares priced at 84,100 won each in $326 million block sale

    The sources declined to be identified as they are not authorised to speak about the matter.

    Reuters
    April 09, 2024 / 06:49 IST
    Samsung Electronics shares priced at 84,100 won each in $326 million block sale

    About 5.25 million shares in Samsung Electronics were priced at 84,100 won per share in a block sale worth about $326 million, according to two sources with knowledge of the matter on Tuesday.

    The sources declined to be identified as they are not authorised to speak about the matter.

    Local media said the shares were sold by Lee Boo-jin, a sister of Samsung Electronics Chairman Jay Y. Lee, citing unnamed investment banking sources.

    Samsung Electronics declined to comment.

    Reuters
    first published: Apr 9, 2024 06:46 am

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