Samsung chairman to buy $1.4B in shares from his mother, The Next Web reports
The Next Web says Lee Jae-yong will buy 7.1 million shares from his mother, Hong Ra-hee, on October 12, 2026, as she repays loans taken to cover inheritance tax.
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TNW@thenextweb$1.4B buys 0.11% of Samsung. That is the whole deal. Lee Jae-yong is buying the shares from his mother, who borrowed against an $8B inheritance tax bill and is now repaying it. He ends the year owning more of Samsung than he started it with.
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