Samsung Electronics to Buy Back KRW 10 Trillion in Stock

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class="input_copy" id="input_copy1" value="https://bit.ly/3CuWTfq" readonly /> <button type="button" class="btn_copy" data-clipboard-target="#input_copy1">URL copy</button> <div class="mo_url_copy"> <div class="input_copy"> <span class="url_copied">URL Copied.</span> <input type="text" class="input_url_copy" id="input_copy2" value="https://bit.ly/3CuWTfq" readonly /> </div> <button type="button" class="btn_copy" data-clipboard-target="#input_copy2"></button> </div> </div> <button type="button" class="btn_sns_close">Layer close</button> </div> </div> <div class="text_cont"> <p>Samsung Electronics announced today it plans to buy back a total of KRW 10 trillion in the Company’s shares to enhance shareholder value.</p> <p> </p> <p>The Company’s Board of Directors today authorized the share repurchase program that will be carried out in phases over the next 12 months.</p> <p> </p> <p>In the next three months, KRW 3 trillion in stock will be repurchased and all of the shares will be 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This buyback will begin from Nov. 18 to Feb. 17, 2025 and will comprise of 50.14 million common shares and 6.91 million preferred shares.</p> <p> </p> <p>The remaining KRW 7 trillion in the repurchase program will be authorized accordingly by the Board, which will decide on ways to enhance shareholder value, including when and how to use the treasury shares.</p> <p> </p> <p>Samsung remains committed to delivering sustainable shareholder value and will continue to enhance long-term value creation.</p> </div> <div class="category_list"> <p><a href="https://news.samsung.com/global/category/corporate"><span class="now">Corporate</span></a></p><p>Press Resources > <a href="https://news.samsung.com/global/category/press-resources/press-release"><span class="now">Press Release</span></a></p> </div> <script type="text/javascript"> jQuery(document).ready(function($) { pressImgResize(); // press release file download resize - 160212 _ddody// }); // press release file download resize function - 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Samsung Electronics to Buy Back KRW 10 Trillion in Stock – Samsung Global Newsroom