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Samsung Electronics Reportedly to Launch Near-KRW 90 Trillion Share Buyback

TigerJun 24, 2026 1:18 AM
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YONHAP reports Samsung Electronics is set to carry out a share repurchase of nearly KRW 90 trillion (~$59 billion).

Shares of Samsung Electronics jumped 6% on the news.

Under a labor-management agreement, a special performance bonus will be paid in company stock (treasury shares), and Samsung needs to repurchase shares to cover a shortfall beyond current treasury holdings.

The company is expected to announce implementation details shortly.

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