SMCG CEO Seungho Choi Increases Stake by 0.05% to 5,633,635 Shares via Open Market Purchases

SMCG CEO Seungho Choi purchased an additional 44,153 shares through open market transactions from June 24 to June 29, 2026, raising his total holdings to 5,633,635 shares.
The purchase prices ranged from 1,882 to 2,128 KRW per share, below the current market price of 2,170 KRW, signaling management's view of undervaluation.
The stake increased from 28.02% to 28.07%, representing 0.22% of total outstanding shares.
No capital changes or dilution occurred; the move is seen as a positive signal of insider confidence and aligned interests.
[AI Summary]The CEO's open market purchases, though small, function similarly to a share buyback, supporting stock price and management credibility. The absence of new capital raising plans benefits existing shareholders. Future additional purchases could further impact stock momentum.