Samsung Electronics executives have been actively buying back company shares to support the stock price, which has struggled to rise above the 70,000 won ($50.70) mark. In total, six executives purchased 15,490 shares of the company's stock this month, amounting to 1.15 billion won. Notable purchases include Park Hak-kyu, president of management support, who bought 5,500 shares at 73,700 won each, and Roh Tae-moon, the mobile business chief, who acquired 5,000 shares at 73,500 won each. These share acquisitions have increased the holdings of the executives, with Park now owning 28,000 shares and Roh holding 18,000 shares. The market interprets these purchases as a signal of the executives' confidence in the company's long-term growth and responsible management, especially during a sluggish stock market. Samsung's stock price has remained stagnant in the 70,000 won range, in contrast to its competitor SK hynix, which reached a 52-week high of 210,000 won. It's notable that whenever Samsung's stock price declines or financial performance weakens, executives historically step in to purchase company shares. In 2022, amid global economic challenges and semiconductor industry difficulties, Samsung executives, including Vice Chairman and co-CEO Han Jong-hee, have collectively acquired 12.1 billion won worth of treasury stock, reflecting their commitment to the company's future.