BlackRock becomes Samsung Securities' third-largest shareholder

• Published date: 10 March 2023
• Publication title: The Korea Times

BlackRock, the world's largest asset manager, has become Samsung Securities' third-largest shareholder as of the end of February, data showed.

According to data from the Financial Supervisory Service, the U.S. investment firm secured a 5.46 percent stake in the Samsung affiliate as of Feb. 28. No other global asset managers possess more than a 5 percent stake in a Korean securities firm.

BlackRock already secured around 440,000 shares in...