Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Samsung plans to cancel $2.11B in shares and buy $2.7B more to boost shareholder value.

flag Samsung Electronics plans to cancel $2.11 billion worth of its own shares it had previously bought, as reported in a regulatory filing. flag The company also intends to acquire $2.7 billion worth of its own shares and $304 million worth of other shares by May 16 to enhance shareholder value and benefit employees. flag This move follows Samsung's November 2021 announcement to buy back shares worth $10 billion over a year, its first such action since 2017.

15 Articles

Further Reading