
With the’Donghak Ant Movement’ last year, Samsung Electronics’ minority shareholders exceeded 2 million, making it the largest ever, and a regular general shareholders’ meeting will be held next month.
According to the industry on the 12th, Samsung Electronics decided to hold the 52nd regular shareholders’ meeting of Samsung Electronics held in the middle of next month, and is preparing for live online broadcasting.
Previously, the Samsung Compliance Committee recommended that shareholders be held online in consideration of strengthening shareholder-friendly management and the recent Corona 19 situation, and Samsung Electronics accepted this and decided to introduce it from this year.
Samsung Electronics plans to maintain the electronic voting system introduced at the shareholders’ meeting last year. Accordingly, this year, shareholders of Samsung Electronics can vote on the agenda of the shareholders’ meeting without attending the site and view the progress of the shareholders’ meeting online.
It is reported that the on-site shareholders’ meeting will be held at the Suwon Convention Center as in last year.
Until now, Samsung Electronics has held a shareholders’ meeting at the Seocho office building in Seocho-gu, Seoul, but after the par value split in 2018, the number of minority shareholders surged, and for the first time last year, it held a shareholder meeting at the Suwon Convention Center outside the company building.
The company announced that it will prepare for this year’s shareholders’ meeting while complying with the situation of the novel coronavirus infection (Corona 19) and the social distancing prevention guidelines.
According to the Korea Securities Depository, the number of shareholders of Samsung Electronics was 2.15 million,4081 as of the end of last year, the largest ever. Of these, individual minority shareholders accounted for 214,5317, accounting for 99.59% of the total. The number of shares they own is 387,192,2801, which is 6.48% of the total.
The number of shareholders of Samsung Electronics stood at 144,000 as of the settlement of accounts in 2017, but in 2018, the par value of shares of 50:1 increased sharply to 761,000 as of year-end. As of the end of the year, 2019 was 568,000.
The so-called’Donghak ant movement’ broke out in the domestic stock market crash due to the Corona 19 last year, attracting individual investors to Samsung Electronics’ stocks, and as a result, the number of Samsung Electronics shareholders has nearly quadrupled in a year.
Samsung Electronics’ general shareholders’ meeting held next month approves payment of settlement dividends worth 1,110 billion won in accordance with the decision of a special dividend of 1578 won per share, and decides the succession of internal and external directors who are scheduled to expire and appointing new directors.
It is expected that Ki-nam Kim, Vice Chairman of Device Solutions (DS) Division, whose term expires in March of this year, Hyun-Seok Kim, President of Consumer Electronics (CE) Division, and Dong-jin Ko, President of IT and Mobile (IM) Division, will continue to resign as executive directors. . Among the outside directors, the appointment of Seoul National University Professor Park Byeong-guk, Kim Jong-hoon, and Ewha Womans University professor Kim Jong-hoon, who are scheduled to expire next month, will be decided.
Meanwhile, the company’s official position on Samsung Electronics’ vice chairman Lee Jae-yong, who was sentenced to two years and six months in prison for the’Gukjeong Nongdan case’ and re-jailed last month, is drawing attention. The company is not making an official position on the case of reincarceration of the total because it is a trial by Vice Chairman Lee Jae-yong.
Reporter Nam Hye-jung [email protected]
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