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Samsung Electronics Plans $7 Billion Share Buyback
The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.
Samsung Unveils Surprise $7 Billion Buyback Over Coming Year
Samsung Electronics Co. plans to buy back about 10 trillion won ($7.2 billion) of its own stock over the next year, putting in motion one of the larger shareholder return programs in its history.
Samsung Electronics plans $7.2 billion buyback after share price plunges
Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four-year lows earlier in the week.
Samsung Stock Surges on $7.2B Buyback Plan
Samsung Electronics unveiled plans Friday to buy back 10 trillion won ($7.2 billion) of its shares over the next year, sending its stock soaring in South Korean trading.
Samsung unveils nearly $7.2B stock buyback program - report
Samsung Electronics (OTCPK:SSNLF) intends to buy back 10T won ($7.17B) worth of its shares over one year to bolster shareholder value, Reuters reported. The tech giant's stock soared about 7% on Friday on the South Korean exchange.
Samsung Electronics plans $7.2 bln buyback to boost shareholder value
Samsung Electronics plans to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, it said in a regulatory filing submitted after the market closed on Friday.
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Samsung Galaxy S25 Ultra release date: The iPhone 16 Pro Max rival could be the best Android phone of 2025
It’s the battle of the maximal phones as Samsung readies the Galaxy S25 Ultra, its answer to the iPhone 16 Pro Max. If you’re ...
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