005930.KS is trading 5.3% up at $358500.00 following reports that Samsung Electronics is considering a â‚©90 trillion share buyback program to support stock-based employee compensation.
- The multi-year initiative is expected to enhance shareholder returns and significantly reduce the company's free float.
- Samsung has clarified in regulatory filings that while the plan is under consideration, the specific timing and final size of the buyback have not yet been finalized.