Samsung completes $3.9 billion share repurchase program

Published 02/10/2025, 09:06
Samsung completes $3.9 billion share repurchase program

SEOUL - Samsung Electronics Co. has completed its share repurchase program, acquiring nearly 56.7 million shares worth approximately 3.9 trillion Korean won ($2.9 billion), according to a company statement released Thursday.

The buyback program, which ran from July 9 to September 29, 2025, included the purchase of 49.72 million common shares at an average price of 70,594 won per share, totaling 3.51 trillion won. Additionally, the company acquired 6.97 million preferred shares at an average price of 57,692 won per share, amounting to 401.9 billion won.

Samsung reported that the actual acquisition amounts matched exactly with the planned repurchase targets for both share classes.

Following the completion of the program, Samsung now holds approximately 105.4 million treasury shares, representing 1.57% of its total outstanding shares. This includes 91.8 million common shares (1.55%) and 13.6 million preferred shares (1.67%), with a combined book value of 6.61 trillion won.

The company’s disclosure also revealed that Samsung Life Insurance’s holdings remained unchanged at 503.9 million common shares during the repurchase period, while its special account adjusted positions through market transactions.

The share repurchase information was submitted to the London Stock Exchange, where Samsung maintains a listing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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