GS Global CEO Kim Sung-won purchased 40,000 shares of the trading firm for about 104 million won ($68,000), shortly after his appointment to the position at the general shareholders’ meeting on March 26, the company’s regulatory filing showed Thursday. Kim began his career as a government official in 1992 and previously worked for POSCO and Doosan Heavy Industries, now renamed as Doosan Enerbility. Since joining GS Group in 2021, he has served as an executive overseeing the energy business at several affiliates. GS Global said Kim’s share buyback reflects his determination to address the company’s undervaluation and confidence in its long-term growth potential. “My decision was based on confidence in the company’s future growth,” Kim said. “I will continue to strive to enhance shareholder value and ensure responsible management.” The company said more executives and employees will join in share buyback. Last year, GS Global reported 4.1 trillion won in sales and 52.3 billion won in operating profit, amid tighter global trade regulations and sluggish growth in major econo
GS Global CEO buys back company shares to show confidence in long-term growth
in News
Related Posts
Latest News from Korea
- KGCCI to help bolster Korea-Germany ties through APK 2026
Antonio Randazzo has seen firsthand the strong business ties between Korea and Germany as a company executive. Now, he is devoting himself to further strengthen the relations between the two countries. With his appointment last December to co-chair the Korean-German Chamber of Commerce and Industry (KGCCI) alongside Deutsche Bank Seoul Chief Country Officer Park Hyun-nam, the Star Truck Korea CEO… Read more: KGCCI to help bolster Korea-Germany ties through APK 2026 - GS Global CEO buys back company shares to show confidence in long-term growthGS Global CEO Kim Sung-won purchased 40,000 shares of the trading firm for about 104 million won ($68,000), shortly after his appointment to the position at the general shareholders’ meeting on March 26, the company’s regulatory filing showed Thursday. Kim began his career as a government official in 1992 and previously worked for POSCO and Doosan Heavy Industries, now renamed… Read more: GS Global CEO buys back company shares to show confidence in long-term growth
- Samsung’s Galaxy S26 Ultra sweeps European rankingsSamsung Electronics’ Galaxy S26 Ultra has claimed the top spot in Europe’s smartphone rankings, leading surveys across seven countries and signaling a potential shift in the premium market. The device ranked No. 1 in evaluations by leading consumer organizations in Britain, France, Italy, Spain, Portugal, Belgium and Sweden, Samsung said Thursday. The reviews followed the global launch of the Galaxy… Read more: Samsung’s Galaxy S26 Ultra sweeps European rankings
- FTC penalizes LS Group affiliate over subcontracting violationsKorea’s antitrust regulator has ordered Sunwoo Co., a construction and maintenance affiliate of industrial conglomerate LS Group, to correct its subcontracting practices following a probe into deficient contract documentation. The Fair Trade Commission (FTC) said Thursday that Sunwoo violated the Subcontracting Act by failing to issue proper written contracts to partners between February 2021 and June 2022. The lapses occurred… Read more: FTC penalizes LS Group affiliate over subcontracting violations
- Wanna One reunites for reality show 7 years after disbandmentK-pop project group Wanna One will reunite for a new reality show seven years after disbanding, K-pop content platform Mnet Plus announced Wednesday. The 11-member group’s new program, “WANNA ONE GO — Back to Base,” will premiere April 28. Prior to the broadcast, the group will host an in-person fan event April 6 at DMC Culture Park in western Seoul.… Read more: Wanna One reunites for reality show 7 years after disbandment
Latest Entertainment from Korea
- LE’V Steps Into the Light: “Spotlight Soul” Captures the Artistry, Growth, and Glow of a New Era in the 2026 Season’s Greetings CollectionPhoto Credits: CHROMOSOME LE’V Illuminates 2026 with “Spotlight Soul” LE’V enters 2026 with a statement that feels both cinematic and deeply personal. His Season’s Greetings “Spotlight Soul” concept photos reveal a striking evolution — one that merges emotional depth with artistic clarity. The project, released as a collector’s visual experience, celebrates not just another year but LE’V’s firm grasp on identity, craft,… Read more: LE’V Steps Into the Light: “Spotlight Soul” Captures the Artistry, Growth, and Glow of a New Era in the 2026 Season’s Greetings Collection
- KiiiKiii Leesol & Haum Illuminate SPUR x Dior Addict’s January 2026 Issue with Daring Light, Sensual Motion, and New Beauty CodesPhoto Credits: SPUR Dior Starship Entertainment A New Year, A New Iconic Pairing SPUR Magazine opens 2026 with a collaboration that feels both intimate and electric. The January 2026 Issue Pictorial Preview showcases KiiiKiii Leesol and Haum in a visual dialogue infused with Dior Addict’s luminous rebellion. Titled “Light Moves: The Addict State of Mind”, the spread captures the interplay of motion, reflection, and self-definition—a signal… Read more: KiiiKiii Leesol & Haum Illuminate SPUR x Dior Addict’s January 2026 Issue with Daring Light, Sensual Motion, and New Beauty Codes
- Breaking Boundaries: ifeye × KITTO Taiwan Redefine Visual Storytelling in the January 2026 Pictorial — A Fusion of Innovation & IdentityPhoto Credits: Hi-Hat Entertainment The Convergence of Vision and Identity The January 2026 Pictorial from ifeye × KITTO Taiwan marks a defining moment in East Asian creative media. Framed as both a celebration and an evolution, the collaboration bridges art direction, fashion narrative, and technological fluidity to capture a new generation’s pulse. More than a photoshoot, this issue acts as a visual manifesto—an exploration of… Read more: Breaking Boundaries: ifeye × KITTO Taiwan Redefine Visual Storytelling in the January 2026 Pictorial — A Fusion of Innovation & Identity
- Xiaoting in Full Bloom: Kep1er’s Shining Star Redefines Power, Grace, and Global Glamour in Wonderland China’s January 2026 Cover StoryPhoto Credits: KLAP ENTERTAINMENT Kep1er’s Xiaoting Captures the Moment Kep1er’s Shen Xiaoting steps into 2026 as a muse of modern elegance, fronting the January 2026 Wonderland China cover with an aura that’s both futuristic and fiercely grounded. As one of the brightest stars of her generation, Xiaoting embodies the balance between aspiration and artistry that defines global pop’s next chapter. “Confidence is not just… Read more: Xiaoting in Full Bloom: Kep1er’s Shining Star Redefines Power, Grace, and Global Glamour in Wonderland China’s January 2026 Cover Story
- BTS’s V Radiates Timeless Charisma in GQ Korea x Cartier’s February 2026 Cover: A Monument to Modern Elegance and Emotional PrecisionPhoto Credits: GQ Korea – Cartier – BigHit Music. – BTS V x Cartier: The Sound of Stillness and Strength For GQ Korea’s February 2026 issue, the cover unfolds like a cinematic confession. BTS’s V (Kim Taehyung)—known for his magnetic duality of mystery and warmth—joins forces with Cartier, the house synonymous with precision, artistry, and legacy. Together, they create a visual symphony that celebrates… Read more: BTS’s V Radiates Timeless Charisma in GQ Korea x Cartier’s February 2026 Cover: A Monument to Modern Elegance and Emotional Precision
Learn People & History of Korea
- The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan CityAncient Beginnings: The Founding of Busan Busan, known as the second largest metropolitan city in South Korea, has a rich history that dates back to ancient times. The earliest recorded existence of Busan can be traced to the Goryeo Dynasty, where it was referenced as a vital coastal settlement. Its strategic location along the southeastern coast of the Korean Peninsula… Read more: The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan City
- The Evolution of Pyongyang: A Journey Through History, Economy, and Political DynamicsIntroduction to Pyongyang Pyongyang, the capital city of North Korea, serves as a prominent symbol of the nation’s history and culture. Geographically located on the banks of the Taedong River, in the southwest part of the country, Pyongyang is situated within a strategic area that has historically facilitated trade and cultural exchange. The city’s origins can be traced back to… Read more: The Evolution of Pyongyang: A Journey Through History, Economy, and Political Dynamics
- The Evolution of Seoul: From Ancient Korea to Modern Metropolis and BeyondAncient Beginnings: The Founding of Seoul The city of Seoul, known today as the vibrant capital of South Korea, has ancient roots that trace back to the Three Kingdoms period of Korea, specifically the kingdoms of Baekje and Silla. Evidence suggests that Seoul was originally established as a settlement given its strategic geographical advantages. Nestled within the Han River basin,… Read more: The Evolution of Seoul: From Ancient Korea to Modern Metropolis and Beyond
- Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3Introduction to Korean Traditional Games Korean traditional games have long been an integral part of the country’s cultural landscape, offering more than mere entertainment. These games, which range from simple children’s pastimes to complex community activities, hold significant cultural significance and often serve as a means of preserving history and promoting social interaction. Rooted in centuries of tradition, these games… Read more: Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3
- Unveiling the Past and Present of Saju: The Art of Korean Fortune TellingIntroduction to Saju Saju, a traditional Korean fortune-telling practice, is an intricate art that seeks to interpret an individual’s fate based on their birth date and time. The term “Saju” translates to “four pillars” in English, referring to the four critical components derived from these time markers: year, month, day, and hour. This method holds significant cultural value within South… Read more: Unveiling the Past and Present of Saju: The Art of Korean Fortune Telling
