[Yonhap News] Samsung Electronics Approximately KRW 90 trillion in treasury stock purchase
[Yonhap News] Samsung Electronics Approximately KRW 90 trillion in treasury stock purchase • Samsung Electronics is preparing to buy back 90 trillion won worth of shares, and will announce detailed plans soon. • In addition to the 25 trillion won worth of treasury stocks currently held, additional purchases are required to pay special management performance pay (93 trillion won) and PSU (22 trillion won). • The share purchase amount is about 290 million shares, which is 5% of the total common stock. • Considering that the total amount of treasury stock purchases over the past 10 years is 3…
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