Samsung stock price gains after chairman’s death

Invezz

Published

Shares of companies owned by Samsung rose today in Asia after yesterday’s news of Chairman Lee Kun-hee’s death.  Fundamental analysis: Investors hope for a restructuring  On Sunday, Samsung announced that Lee, 78, lost his life following six years in the hospital to a heart attack. Lee Kun-hee helped make Samsung a worldwide technology and industrial giant. He stepped up as the leader of Samsung in 1987 following the death of his father, Lee Byung-chul, who was the company’s founder. Analysts are now hoping that his departure will lead towards restructuring and higher dividends to shareholders.  “His legacy will be everlasting,”

Full Article