National Pension Service Acquires 10.02% Stake in LOTTE TOUR DEVELOPMENT, Becoming Major Shareholder and Signaling Institutional Confidence
As of April 10, 2026, the National Pension Service holds 7,979,296 shares of LOTTE TOUR DEVELOPMENT, representing a 10.02% stake and qualifying as a major shareholder.
This net increase results from adding 117,885 shares through open market purchases and subtracting 81,995 shares through sales, with an average purchase price of approximately 16,866 KRW, lower than the current market price of 18,000 KRW.
The acquisition of over 10% stake by the National Pension Service is interpreted as a positive signal for long-term investment and reflects institutional confidence in the company.
[AI Summary]The National Pension Service's new 10.02% stake in LOTTE TOUR DEVELOPMENT is a strategic investment by a large institutional investor, likely to positively impact the stock price. The purchase price being below the current market price suggests further upside potential, though as a financial investor rather than a strategic partner, short-term volatility is expected to be limited.
KOSPI Filing Information
Filing: Report on Ownership of Specific Securities by Executives and Major Shareholders