[Market Now] National Pension Service increases stake in POSCO

Published : Apr 12, 2016 - 16:16 Updated : Apr 12, 2016 - 16:16

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POSCO said Tuesday that its biggest shareholder -- the National Pension Service -- has increased its ownership in the steel giant, from 10.04 percent to 10.22 percent.

In 2015, the NPS, the country’s pension manager, owned a 9.04 percent stake in POSCO, according to an audit filing.

By Park Hyong-ki (hkp@heraldcorp.com)