[Digital Daily Correspondent Choi Min] The new management of Naver showed its commitment to responsible management by purchasing treasury stock.
Naver announced on the 21st that CEO Choi Su-yeon and Chief Financial Officer Kim Nam-seon each purchased 314 shares of Naver stock. The total size is about 1.8 billion won each.
In this regard, Naver said that the new management was confident of the companys long-term growth and expressed its commitment to responsible management. It can also be interpreted as an attempt to boost Navers share price, which has recently been on the decline.
At the Naver Shareholders Meeting held on the 14th, CEO Choi Su-yeon said, “Naver has grown thanks to the generous support of shareholders over the past 20 years. ” He expressed his will to grow the company.
After the general meeting of shareholders, CEO Choi is delivering a message about corporate growth both inside and outside the company. The first step was to send an in-house letter to employees after the general meeting of shareholders, and on the 18th, he attended the online Companion Day and answered questions in advance and in real time. At this meeting, he also expressed his ambition to make Naver a global company.
CEO Choi said, “This year is the first year of business diversification in the global business. .
Meanwhile, CEO Choi bought back Navers treasury stock during his time as a global business support leader. This is CFO Kims first share buyback.
