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Samsung Electronics plans $7.2 billion buyback
Samsung Shares Jump on $7 Billion Buyback After Missing AI Boom
Samsung Electronics Co. shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 trillion won ($7.2 billion) of its own stock over the next year. Most Read from BloombergSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe stock rose as much as 7.
Samsung Electronics plans $7.2 billion buyback after share price plunges
Samsung Electronics plans to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, it said in a regulatory filing submitted after the market closed on Friday.
Samsung Electronics Rallies After $7 Billion Buyback Plan
Shares in Samsung Electronics rose sharply as investors cheered the South Korean technology giant's plan to buy back more than $7 billion of shares to boost shareholder returns.
11h
Samsung Gives its Slumping Stock a Jolt
Having a $74 billion cash pile is quite handy when you are facing a plethora of problems, as technology giant Samsung ...
13h
Samsung TVs Hit Ground-Breaking Security Standard With New Encryption Certification
If it’s secure enough for the National Institute Of Standards and Technology, it’s secure enough for even the most online TV ...
YTN
1h
Samsung Electronics Co., Ltd.'s KOSPI and KOSDAQ Rise Together
The KOSPI and KOSDAQ indexes also rose as
Samsung Electronics
, the top market cap on the KOSPI, surged on news of treasury ...
2d
Samsung is eyeing smart glasses that could shake up the market
Samsung maybe working on its first smart glasses that follow the Meta Ray-Ban Stories' footsteps. The software stack, however ...
Mobile World Live
14h
Samsung eyes chip boost with new R&D complex
Samsung held a ceremony marking the installation of production equipment at a new integrated R&D complex south of Seoul.
14h
Zoom cameras are about to get even better thanks to Samsung
The top camera phones already enjoy good zoom cameras, but a new technology from Samsung promises to shake things up.
Philippine Daily Inquirer
15h
Top 10 next-gen heroes revealed: Samsung Philippines announces Solve for Tomorrow 2024 Finalists
After an extensive nationwide search, Samsung Electronics Philippines is revealing the Top 10 finalists of its global program ...
3d
Samsung Stock Rises Most in Nearly Four Years on Valuation Draw
Samsung Electronics Co. shares are having their best day since January 2021, as perceptions grow that the South Korean tech ...
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