[Reporter Se-yeon Park, Daily Economy Star Today]
Big Hit Entertainment, the agency of the group BTS, entered the KOSPI with an initial price of 270,000 won, and was ‘hot’ on the first day of listing.
Big Hit Entertainment (hereinafter referred to as ‘Big Hit’) entered the securities market by holding a listing ceremony at the Korea Exchange in Yeouido, Seoul on the morning of the morning of the 15th.
The initial price of Big Hit, which started with a public offering of 135,000 won, was decided at 270,000 won, and the transaction began at 351,000 won upon opening. Achieved a prize on the first day of opening.
As a result, Chairman Bang Si-hyuk, the largest shareholder who owns a 34.7% stake in Big Hit, has reached KRW 4,3,444 trillion, ranking No. 1 in the entertainment industry and ranking 5th among domestic entrepreneurs.
BTS also own 478,000,695 shares per person and 9.23 billion won worth of stocks based on the public offering price, so they each have a stake exceeding 24 billion won.
Chairman Bang Si-hyuk said, “Thank you to all the executives and staff members of the Korea Exchange and the host company for their generous help up to the listing of Big Hit today. I would like to express my deep gratitude to the fans, artists, and members who have trusted and supported Big Hit artists. All of you made it.”
“We will continue to challenge and research to discover innovative business models and create sustainable growth in the global market. We will innovate the industrial structure so that everyone can coexist.” “As a stock company, we will become a company that fulfills our responsibilities to shareholders.”
Big Hit is an entertainment company founded by Chairman Bang Si-hyuk in 2005. The group BTS, which debuted in 2013, is loved as a global star and has jumped beyond small and medium-sized entertainment companies to become a global company.
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