Samsung Electronics: A Massive 10 Trillion Won Share Buyback Program

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860 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, 20 May 2025 13:17

Samsung Electronics repurchased 3.39 trillion won (including preferred stocks) from February 19th to May 13th. The average purchase price was 55,477 won. Samsung is likely to announce share cancellation of 2.5 trillion won of treasury shares soon. The remaining 500 billion won will be used for executive compensation. From Nov 2024 to May 2025, Sammy has repurchased about 6 trillion won of shares.

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