005930.KS is trading approximately 10% up at â‚©340,500 following reports of a potential large-scale share buyback and news of government-backed semiconductor investments.
- Samsung is reportedly considering a significant share buyback program to fund stock-based bonuses and performance stock units (PSUs), reversing sentiment after a recent market rout.
- The rally is further supported by government discussions regarding major new investments in the semiconductor sector to meet surging global demand for AI chips.
- These developments have helped the stock rebound sharply, reversing the negative sentiment seen during the earlier KOSPI technology sector sell-off.