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Lotte Chairman Shin Dong-bin Sells Additional 203,000 Shares of Lotte Shopping

Retail Trade · Department Stores · yonhap_finance · 2026-09-11

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Lotte Group Chairman Shin Dong-bin has reduced his stake in Lotte Shopping to 9.09% following a series of share sales to secure liquidity.

What Happened

Stake Reduction: Lotte Group Chairman Shin Dong-bin sold 203,150 shares of Lotte Shopping between the 9th and 11th of this month. This transaction has lowered his total stake in the company from 9.81% to 9.09%.

Strategic Rationale: The sale is part of a previously announced plan by the Chairman to divest 324,100 shares to secure liquidity. The move is aimed at optimizing his personal financial position and capital allocation.

Execution Progress: Including the latest sales, Chairman Shin has now offloaded a total of 321,330 shares, effectively completing the majority of his planned divestment. He had previously sold 118,180 shares between late last month and early this month.

Remaining Timeline: The planned share disposal period is set to conclude on the 18th of this month. Market observers are monitoring the final phase of these transactions as the Chairman nears his target divestment volume.

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