Kangta sells his SM Entertainment stocks for a 91% return | allkpop

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Kangta sells his SM Entertainment stocks for a 91% return

According to the Electronic Disclosure System of the Financial Supervisory Service, Kangta sold 2,200 SM shares on the market over two days from December 5 to December 6, with the selling price per share ranging from 81,500 KRW to 82,000 KRW . Additionally, Kangta had secured 6,000 shares by exercising his stock options in July.

In September, Kangta also sold 2,300 shares, earning a profit of 81.33 million KRW . At the time, the SM stock price per share ranged from 76,200 to 79,500 KRW , and Kangta earned 167.09 million KRW in profits this year alone through stock sales.

 

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does this mean he is no longer a shareholder or still a shareholder but with a small share

Oh sm stonks declined🥲

is this a good thing orr

Nothing to be alarmed for Kangta or SM. This is just a business decision by Kangta. It only means he got richer and nothing more, it's an investment. No negative implications for him or SM

what does this mean

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