How many Samsung Electronics shares is Lee Jae-yong buying from Hong Ra-hee, and when is the deal set to happen?

Lee Jae-yong plans to buy 7,188,793 shares from Hong Ra-hee. The off-exchange transaction is scheduled for Oct. 12.

Why is Hong Ra-hee selling Samsung Electronics shares to Lee Jae-yong?

The article says sources believe Hong may use the proceeds to repay loans taken out to pay inheritance taxes after the death of her husband, Lee Kun-hee, in 2020. The deal would give her cash from selling the stake to her son.

How will the share purchase change Lee Jae-yong’s stake in Samsung Electronics?

Lee’s total stake will rise to 1.58 percent after the purchase. The company said the shares being sold represent 0.11 percent of Samsung Electronics’ total shares.

Samsung Electronics chairman to buy $1.42 billion worth of shares from mother

Listen

Summary

Samsung Electronics Chairman Lee Jae-yong will buy 1.9 trillion won worth of shares from his mother in an off-exchange transaction on Oct. 12. The purchase covers 7,188,793 shares at 269,500 won per share, raising his stake to 1.58 percent. The company said the deal represents 0.11 percent of Samsung Electronics’ total shares. Sources believe Hong Ra-hee may use the proceeds to repay loans taken for inheritance taxes after Lee Kun-hee’s death in 2020.

Key Facts

Lee Jae-yong plans to buy 7,188,793 Samsung Electronics shares from Hong Ra-hee in an off-exchange transaction on Oct. 12.
The shares are priced at 269,500 won each, for a total value of 1.9 trillion won, or $1.42 billion.
The purchase will raise Lee’s total stake in Samsung Electronics to 1.58 percent.
Hong Ra-hee is the widow of former Samsung Chairman Lee Kun-hee, who died in 2020.
The article says Hong could use the sale proceeds to repay loans taken out to pay inheritance taxes.

By Yonhap

Published Sep 9, 2026 10:10 pm KST

President Lee Jae Myung, center, and Samsung Electronics Executive Chairman Lee Jae-yong shake hands after a Samsung Electronics–Mistral AI investment agreement ceremony at the Élysée Palace in Paris, Tuesday (local time). French President Emmanuel Macron is at right. Yonhap

Samsung Electronics Chairman Lee Jae-yong will purchase 1.9 trillion won ($1.42 billion) worth of the company's shares from his mother, the tech giant said Wednesday.

Lee plans to buy 7,188,793 shares from Hong Ra-hee, representing 0.11 percent of the company's total shares, at 269,500 won per share in an off-exchange transaction on Oct. 12, according to the company in a regulatory filing.

With the purchase, Lee's total stake in the company will rise to 1.58 percent.

Sources believe Hong could use the proceeds from the sale to repay loans taken out to pay inheritance taxes following the death of her husband, former Samsung Chairman Lee Kun-hee, in 2020.

Meanwhile, Korea and France have signed an initial pact to strengthen cooperation on artificial intelligence (AI), semiconductors and quantum technologies, the science ministry said Wednesday.

The signing of the memorandum of understanding (MOU) took place Tuesday (French time) on the sidelines of President Lee Jae Myung's state visit to France this week, according to the ministry.

Under the MOU, the two countries will hold regular meetings on AI and quantum technologies, push for joint research, and cooperate in attracting investment to enter each other's markets.

Science and ICT Minister Bae Kyung-hoon also held talks with French Minister of Higher Education, Research and Space Philippe Baptiste in Paris on Wednesday on ways to expand cooperation on AI and science technologies.

"Beyond cooperation between governments, (we) will do our best for progress in substantial joint research and development, and personnel exchanges felt by both countries' universities and innovative companies," Bae said.

Explore More