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Samsung Shares Jump on $7 Billion Buyback
Samsung shares jump on buyback plan. Here’s what analysts have to say about it
Samsung shares surge on a $7.2 billion buyback plan. Analysts view it as a catalyst for growth, supporting stock amid AI competition.
Samsung Shares Jump on $7 Billion Buyback After Missing AI Boom
Samsung Electronics Co. shares surged Monday after South Korea’s biggest company announced a surprise plan late Friday to buy back about 10 trillion won ($7.2 billion) of its own stock over the next year.
Seoul shares rise over 2 pct on strong Samsung buying
SEOUL, Nov. 18 (Yonhap) -- South Korean stocks jumped more than 2 percent Monday as investors scooped up Samsung Electronics' shares on the chip giant's massive buyback plan. The Korean won rose against the U.S. dollar.
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 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 Stock Surges Over 7% After Announcing Buyback Plan, Union Settlement
Samsung Electronics stock jumped over 7% on Monday following the company’s announcement of a buyback plan. The surge adds to Friday’s more than 7% gain after Samsung reached a preliminary agreement with its largest workers union,
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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Seoul shares end tad higher ahead of Nvidia earnings; won up for 3rd day
South Korean stocks rose for the second straight day Tuesday following a sharp gain the previous session ahead of the release ...
Korea Joongang Daily on MSN
1d
Samsung's $7B buyback a stock price stop gap, analysts say
NEWS1] Shares of Samsung Electronics rose nearly 6 percent on Monday after the chipmaker announced a ...
Yonhap News English on MSN
1d
Samsung Electronics holds tool-in ceremony for new chip R&D center
Samsung Electronics Co., the world's largest memory chipmaker, said Monday it held a tool-in ceremony for its new ...
9h
Seoul shares open tad higher after rally
South Korean stocks started a tad higher Tuesday following the previous day's rally. The benchmark Korea Composite Stock ...
AV Network
20h
Watch This Ginormous Samsung Display Provides In-Your-Face Holiday Visuals
Samsung is stopping walkers-by in their feet at Shinsegae Department Store in Seoul, South Korea. Unveiled during the “2024 ...
5d
Samsung Electronics says it reaches preliminary wage deal with union
SEOUL, Nov 14 (Reuters) - Samsung Electronics has reached a preliminary agreement with its main workers' union in South Korea ...
6d
Samsung Electronics Shares Hit Lowest in More Than Four Years
SEOUL (Reuters) - Shares in Samsung Electronics extended declines to a fourth straight session on Wednesday, hitting their ...
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