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Samsung Electronics plans $7.2 billion buyback
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 surprise US$7 billion buyback over coming year
Samsung Electronics plans to buy back about US$7.2 billion of its own stock over the next year, putting in motion one of the larger shareholder return programmes in its history. Read more at The Business Times.
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.
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.
3h
on MSN
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 ...
1d
Samsung Electronics shares hit 4-year lows on Trump risks, AI chips
Shares in Samsung Electronics extended declines to a fourth straight session on Wednesday, hitting their lowest level in more ...
4h
Samsung Electronics to Buy 10 trillion won worth of treasury stocks... to "boost shareholder value"
Samsung Electronics has decided to buy 10 trillion won worth of treasury stocks to enhance shareholder value.Samsung ...
7h
Samsung Stock Rises Most in Nearly Four Years on Valuation Draw
Samsung Electronics Co. shares are having their best day since January 2021, as perceptions grow that the South Korean tech ...
2h
Samsung jumps most in nearly 5 years after announcing new buyback
Samsung’s move comes amid a challenging period for its semiconductor division, which saw profits plunge by 40% ...
ReadWrite
1d
Samsung stock price hits four year low as uncertaintly looms
Samsung
apologized to stakeholders, pledging to rebuild competitiveness and improve culture.
Samsung Electronics
’s stock ...
17h
Samsung tri-fold phone reportedly coming next year — and we just got the first details on the design
The idea of an inward or double folding smartphone from Samsung as the company showed off prototype devices during CES 2022 called the Flex S and Flex G. The S featured the same folding mechanism as ...
4h
on MSN
Samsung Electronics plans $7.2 billion 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 ...
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