Samsung Shares Jump on $7 Billion Buyback

Samsung Shares Jump on $7 Billion Buyback After Missing AI Boom
Samsung Electronics Co. shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 trillion won ($7.2 billion) of its own stock over the next year. Most Read from BloombergSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe stock rose as much as 7.
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.
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.
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 ...
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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 ...
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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 ...
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 ...
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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 ...
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 ...
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Samsung showcases its display tech with a new 71.8-meter-wide LED display in Seoul
Samsung Display is one of the largest ... at the flagship location of Shinsegae Department Store in Seoul, South Korea. Unveiled during the “2024 Lights Up SEOUL, KOREA” event today, the ...