Samsung Shares Jump on $7 Billion Buyback

Samsung Shares Jump on $7 Billion Buyback After Missing AI Boom
Samsung Electronics Co. shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 trillion won ($7.2 billion) of its own stock over the next year. Most Read from BloombergSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe stock rose as much as 7.
Samsung shares climb more than 7% after unveiling surprise $7 billion buyback
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.
Samsung Electronics plans $7.2 billion buyback after share price plunges
Samsung Electronics plans to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, it said in a regulatory filing submitted after the market closed on Friday.
Samsung Electronics Rallies After $7 Billion Buyback Plan
Shares in Samsung Electronics rose sharply as investors cheered the South Korean technology giant's plan to buy back more than $7 billion of shares to boost shareholder returns. The stock jumped as much as 7.
Samsung shares climb more than 7% after surprise $7 billion buyback plan
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.
Samsung shares jump after surprise share buyback announcement
The prospect of a buyback worth trillions of South Korean won has cheered investors after a disappointing year. View on euronews
Samsung shares surge nearly 7% following multibillion-dollar buyback announcement
Shares of Samsung Electronics soared on Monday, the first trading day since the chipmaker announced a multibillion-dollar share buyback on Friday.
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Samsung smart XR glasses coming in 2025 with Ray-Ban Meta like features: Report
Samsung working on an augmented reality (AR)//Extended Reality device has been in the news for quite some time. However, till ...