bullish

Samsung Electronics: A Massive 10 Trillion Won Share Buyback Program

Douglas has highlighted this Insight as a Top Pick
672 Views15 Nov 2024 10:51
Samsung Electronics (005930 KS) announced a massive share buyback program worth 10 trillion won which represents 3.1% of its market cap.
What is covered in the Full Insight:
  • Introduction to Share Buyback
  • Details of the Buyback Program
  • Comparison with 2017 Buyback
  • 2025 High Conviction Insight Highlights
  • Conclusion and Future Outlook
Boomeranged on Tue, 18 Feb 2025 08:36
On 18 February, Samsung Electronics announced that it will cancel the 3 trillion won worth of treasury shares acquired in the past three months and also to acquire additional 3 trillion won of treasury shares (48.1mn common and 6.6mn preferred). This buyback will be made from 19 Feb to 16 May. Of the treasury shares acquired this time, 500 billion won will be used for stock based compensation.
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