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SEOUL - Samsung Electronics Co (F:SAMEq). announced Friday it will dispose of 779,315 common shares from its treasury stock on July 28, 2025, according to a board resolution approved today.
The South Korean tech giant will transfer the shares, valued at approximately 51.36 billion Korean won ($38.5 million), to 622 executives as part of its performance-based compensation program. The shares are priced at 65,900 won each, based on the closing price on the day of the board resolution.
The company stated the disposition is intended to "strengthen executives’ management accountability and motivate long-term performance" through equity-based long-term incentives. The transfer will be executed through Samsung Securities (KS:016360), Shinhan Securities, and KB Securities.
Following the disposition, Samsung (KS:005930) will retain 55,292,472 common treasury shares, representing approximately 0.9% of total common shares, and 8,331,988 preferred shares, accounting for about 1% of total preferred shares.
The board resolution was unanimously approved by all six independent directors present at the meeting.
Samsung noted in its press release statement that the actual value of the shares to be disposed may change depending on the stock price at the time of disposal, and other details may be adjusted within the board-approved scope based on the final number of recipients.
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