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The latest announcement is out from Samsung Electronics ( (GB:SMSN) ).
Samsung Electronics announced the results of its share repurchase program, which took place from November 20, 2024, to February 13, 2025. The company successfully acquired 50,144,628 common shares and 6,912,036 preferred shares at a total cost of KRW 3,048,697 million. This program aligns with the planned acquisition targets, maintaining consistency between projected and actual figures. The repurchase may impact the company’s stock value and shareholder composition and is part of a broader strategy to optimize capital structure and enhance shareholder value.
More about Samsung Electronics
Samsung Electronics is a leading global technology company that operates in the consumer electronics industry. It is known for its wide range of products, including smartphones, televisions, and home appliances, with a significant focus on innovation and market leadership.
YTD Price Performance: 7.20%
Average Trading Volume: 18,622
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $258.3B
See more insights into SMSN stock on TipRanks’ Stock Analysis page.
