In today’s briefing:
- Block Deal Sale of About 278 Billion Won of Samsung Electronics by Samsung Life and Samsung F&M
Block Deal Sale of About 278 Billion Won of Samsung Electronics by Samsung Life and Samsung F&M
- Samsung Life Insurance (032830 KS) and Samsung Fire & Marine Insurance (000810 KS) plan to sell about 278 billion won of Samsung Electronics (005930 KS) in block deal sales.
- A total of 5 million shares of Samsung Electronics shares that are expected to be sold in this block deal sale represents 0.1% of Samsung Electronics’ outstanding shares.
- If Samsung Life Insurance is able to sell 4.256 million shares of Samsung Electronics for 236.4 billion won, this would represent 1.3% of Samsung Life Insurance’s market cap.
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