Shin Dong-bin sells 203,150 Lotte Shopping shares to secure liquidity

  • Shin Dong-bin sold 203,150 Lotte Shopping shares between September 9 and September 11.
  • 23.3008 billion Korean won was the total value of the latest share sale.
  • Lotte Holdings remains Lotte Shopping’s largest shareholder with a 40% stake.

Lotte Group Chairman Shin Dong-bin sold 203,150 common shares of Lotte Shopping between September 9 and September 11 for 23.3008 billion Korean won. His holdings declined from 2,774,869 shares to 2,571,719, while his stake fell from 9.81% to 9.09%. The sale followed a transaction plan disclosed in July to secure liquidity. Shin had also disclosed the sale of 118,180 shares on September 1. The July plan covered 324,200 shares, leaving approximately 2,870 shares after the two reported sales. Lotte Holdings remains Lotte Shopping’s largest shareholder with a 40% stake, followed by Hotel Lotte with 8.86% and Busan Lotte Hotel with 0.78%.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.