Samsung Electronics to buy back 7.2 bln USD in shares

NAMPA / Xinhua

2024-11-15

SEOUL, Nov. 15 (Xinhua) -- South Korea's tech giant Samsung Electronics said Friday that it planned to buy back a total of 10 trillion won (7.2 billion U.S. dollars) in its own shares to enhance shareholder value. Samsung noted that its board of directors authorized the share purchase plan earlier in the day to carry it out in phases over the next 12 months. In the next three months, 3 trillion won (2.2 billion dollars) in stocks will be re......

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