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SEOUL - Samsung Electronics Co., Ltd. (KS:005930) announced Friday that its Board of Directors has authorized several related-party transactions with affiliated companies, including retirement pension policies and a technology investment fund.
The electronics giant plans to purchase retirement pension policies from multiple Samsung affiliates for the 2025-2026 financial years. The company will acquire policies from Samsung Life Insurance worth KRW 54.4 billion, Samsung Securities for KRW 142.2 billion, Samsung Fire & Marine Insurance for KRW 647 billion, and Samsung Asset Management for KRW 200 billion.
According to the press release statement, these transactions aim "to ensure the stability of retirement benefit management and enhance overall profitability of the pension policy."
Samsung Electronics also disclosed a revision to a previously announced pension policy purchase from Samsung Securities, noting that the estimated premium for financial year 2025 increased by more than 20% from the original amount disclosed last November, rising from KRW 57.5 billion to KRW 70.6 billion.
Additionally, the company plans to invest KRW 200 billion in the New Technology Investment Association (SVIC 76), established by Samsung Venture Investment Corporation. The investment will be made in cash in December 2025, with the stated purpose of "securing new growth momentum by identifying technologies for mid-to-long-term AI innovation."
The total investment association will be worth KRW 300 billion, with additional contributions from other Samsung affiliates including Samsung Display, Samsung SDI, Samsung Electro-Mechanics, and Samsung SDS, each investing KRW 20 billion.
Six independent directors were present at the Board meeting where these transactions were approved, and the Audit Committee was in attendance.
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