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SEOUL - Samsung Electronics Co (F:SAMEq). Ltd (KRX:005930) has concluded its share repurchase program, acquiring a total of 54,786,235 shares, the company announced on Friday. The repurchase period, which was based on the contract date, spanned from February 19, 2025, to May 13, 2025.
The electronics giant successfully repurchased 48,149,247 common shares and 6,636,988 preferred shares. The acquisition price per common share was KRW 56,646, amounting to a total acquisition cost of approximately KRW 2.73 trillion. The preferred shares were bought at KRW 47,002 each, totaling around KRW 311.95 billion.
The repurchase plan was executed as outlined, with the actual acquired quantity matching the planned quantity for both common and preferred shares. Post-acquisition, Samsung Electronics (KS:005930) now holds treasury shares amounting to a 0.81% ratio for both common and preferred shares, which equals a combined value of KRW 3.04 trillion.
These shares, acquired during the repurchase initiative, are included in the company’s treasury shares holding status as of May 16, 2025, but are subject to cancellation. The repurchase has not resulted in any changes in share holdings by major shareholders, such as Samsung Life (KS:032830) Insurance (NSE:LIFI), except for sales through on-market transactions from a special account, which slightly altered the number of common and other shares held.
This move is part of Samsung’s capital allocation strategy, designed to enhance shareholder value. The information regarding this transaction was provided by RNS, the news service of the London Stock Exchange (LON:LSEG), and is based on a press release statement from Samsung Electronics.
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