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Samsung Electronics announced on July 13 that it has decided to dispose of 1,132,477 common stock treasury shares and distribute them to 928 executives as long-term performance bonuses in order to strengthen the responsible management of executives and stimulate them to create long-term results. According to the announcement, the price of this disposal is based on the closing price on July 10, and the total amount is estimated to be approximately KRW 322.7 billion. The disposed shares will be transferred directly from the company's treasury account to the personal account on July 13. According to reports, the number of shares disposed of this time only accounts for 0.019% of the total number of shares issued by the company.
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Samsung Electronics announced on July 13 that it has decided to dispose of 1,132,477 common stock treasury shares and distribute them to 928 executives as long-term performance bonuses in order to strengthen the responsible management of executives and stimulate them to create long-term results. According to the announcement, the price of this disposal is based on the closing price on July 10, and the total amount is estimated to be approximately KRW 322.7 billion. The disposed shares will be transferred directly from the company's treasury account to the personal account on July 13. According to reports, the number of shares disposed of this time only accounts for 0.019% of the total number of shares issued by the company.
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