Hyundai Elevator executives buy treasury shares

Hyundai Elevator said Monday that its executives, including CEO Cho Jae-cheon, purchased about 14,500 treasury shares in a show of confidence in the company's long-term growth and commitment to shareholder value.

The purchases were made through open-market transactions over a one-week period beginning July 6.

The company said the voluntary purchases reflect management's commitment to responsible governance, restoring market confidence and protecting shareholder interests.

They also signal execut ...