What does 1 Kings 16:24 mean?

Omri bought the hill of Samaria from Shemer for two talents of silver. He built a city there and named it Samaria after Shemer, the man he bought the hill from. 1 Kings 16:24 - Modern Text Bible

(Omri establishes a new capital, Samaria, which becomes a major center for Israel. The name comes from the previous owner of the land.)