Co-CEO Kim Jun-sik Increases Stake to 28.09% via Open Market Purchases

Kim Jun-sik, co-CEO and major shareholder of DAEDONG, acquired an additional 130,000 common shares through open market purchases over five trading days from June 11 to June 17, 2026.
This purchase increased his stake from 27.64% to 28.09%, a 0.45 percentage point rise, with an average purchase price of approximately 8,062 KRW, slightly below the current price of 8,210 KRW.
The total acquisition amount of about 1.05 billion KRW represents only 0.44% of the market capitalization, limiting short-term price impact, but insider buying by the CEO can be interpreted as a positive signal of management confidence.
[AI Summary]The co-CEO's open market purchase, though small in scale, signals management's belief in the company's value and may suggest the current stock price is undervalued. However, the minimal change in ownership has no significant direct impact on shareholder value.