🟢 005930.KS is trading 4% up today on reports of a record 90T won share buyback plan

005930.KS is trading 4% up at KRW 354,000 following reports of a record 90 trillion won share buyback plan tied to employee stock bonuses.

• The company may repurchase approximately 290 million shares—about 5% of its common stock—over a three-year period, a scale described as unprecedented.
• The announcement is lifting investor sentiment and providing a floor for the share price following a recent sell-off in the AI-chip sector.
• The buyback plan is seen as a strategic move to stabilize the stock and improve shareholder returns amid shifting global market conditions.