The company last bought back shares in November 2017.

CNBC

United States

Samsung shares climb more than 7% after surprise $7 billion buyback plan

Ad Fontes Media

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Roberts family

Shares are still down 28 per cent in 2024, while rival SK Hynix soars.

The Straits Times

Singapore Press Holdings

Singapore

Samsung shares jump on $9.6 billion buyback after missing AI boom

First repurchases in seven years are aimed at boosting stock and may help avoid margin call for founding family

BizToc

Samsung shares rise on ‘desperate’ buyback plan

A Samsung Group flag flutters in front of the company's Seocho building in Seoul. Sopa Images | Lightrocket | Getty ImagesShares of Samsung Electronics jumped on Monday after the company unveiled a surprise plan to buy back about 10 trillion South Korean won ($7.19 billion) worth of its own stock over the next 12 months.The South Korean tech giant's stock rose more than 7% in Seoul, after shares had already surged 7.21% on Friday, following news…

Jingletree

Samsung shares climb more than 7% after unveiling surprise $7 billion buyback

SAMSUNG Electronics shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 trillion won (S$9.7 billion) of its own stock over the next year.

Business Times

Samsung shares jump on US$7 billion buyback after missing AI boom

A Samsung Group flag flutters in front of the company’s Seocho building in Seoul.  Sopa Images | Lightrocket | Getty Images    
Shares of Samsung Electronics jumped on Monday after the company unveiled a surprise plan to buy back about 10 trillion South Korean won ($7.19 billion) worth of its own stock over the next 12 months. The South Korean tech giant’s stock rose more than 7% in Seoul, after shares had already surged 7.21% on Friday, followi…

SecularTimes

Samsung Electronics has announced plans to repurchase shares worth 10 trillion won ($7.17 billion) over the next year following a sharp decline in its stock price. This move, the company’s first share buyback since 2017, aims to enhance shareholder value after shares plunged to their lowest point in over four years earlier this week. The initial phase of the buyback will focus on three trillion won worth of shares, including 50.14 million common…

digitalmarketreports.com

Samsung Electronics Announces $7.2 Billion Buyback After Stock Slump

(Bloomberg) -- Asian shares turned higher, following a rally in heavyweight Samsung Electronics Co. Ltd. and gains in Chinese stocks on fresh signs of policy support. Most Read from Bloomberg A key gauge of the region’s equities rose 0.2%, aided by Samsung Electronics’ jump after South Korea’s biggest firm

EMEA Tribune, Breaking News, World News, Latest News, Top Headlines

Asian Stocks Rise as China Rebounds on Policy Help: Markets Wrap

Source: Live Mint   
KOSPI rises, foreigners net buyers   
Korean won strengthens against dollar   
South Korea benchmark bond yield falls   
SEOUL, – Round-up of South Korean financial markets:   
** South Korean stocks rose 2% on Monday, as market heavyweight Samsung Electronics surged more than 7% after the chipmaker announced plans late on Friday to buy back shares. The won strengthened, while the benchmark bond yield fell.   
** The benchma…

TheSpuzz

South Korean stocks rise 2% as Samsung Elec surges on share buyback plan

Latest (Bloomberg) -- Samsung Electronics Co. shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 trillion won

Samsung shares climb more than 7% after surprise $7 billion buyback plan

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