Saturday, 18 October, 2025
Samsung’s Founding Family to Sell $1.2B Stake Amid Share Rally
The family of Samsung Electronics’ Chairman Jay Y. Lee plans to offload 17.7 million shares—roughly $1.22 billion worth, or 0.3% of the company—to meet inheritance tax and repay loans. The sale, to be managed via Shinhan Bank by April, comes as the stock has surged over 80% this year. Analysts say the move could slightly dampen retail investor sentiment despite being financially justified.
Read full story at Economic Times