-+ 0.00%
-+ 0.00%
-+ 0.00%
Samsung Electronics Says Share Repurchase Details Still 'Undetermined' Amid Media Report
Share
Listen to the news
05:48 AM EDT, 07/23/2026 (MT Newswires) -- Samsung Electronics (SMSN.L) said Thursday it is currently reviewing a potential share repurchase plan for stock-based compensation, but specific details are still "undetermined" at this time. The electronics company's statement is in response to a June 24 report from South Korean newspaper Munhwa Ilbo, which said the board approved a three-year repurchase plan for 90 trillion South Korean won worth of treasury shares. Samsung Electronics added that it will issue an additional disclosure once relevant details are finalized or within three months.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending