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My Take on the Three Scenarios that Sammy Buyback Stirred up in the Market Today
873 Views18 Nov 2024 15:27
This post contains my personal view on the three scenarios triggered by Samsung Electronics' buyback that shook the market today.
What is covered in the Full Insight:
- Introduction: Market Reactions
- Samsung Financial Affiliates and Ownership Cap
- Speculations on Samsung SDS and Lee Jae-yong's Stake
- Expectations for Samsung Electronics Pref Shares
- Conclusion: Key Takeaways and Future Outlook
Boomeranged on Tue, 11 Feb 2025 19:43
Samsung Life and Fire just pulled the trigger on offloading Sammy Electronics shares post-close. Life’s dumping 4.25M shares (KRW 236.4B), trimming its stake to 8.44%, while Fire’s offloading 743K (KRW 41.3B), cutting to 1.48%. Both trades go down via pre-market block deals on the 12th. This clears the overhang from Sammy’s KRW 3T buyback—expect dividends to take the front seat over more buybacks.
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