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“I should have lived then… “Samsung Electronics, 6% ‘fire pillar’ due to cancellation of treasury stock

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Samsung Electronics 005930
7 2024,11,18 09,19 standard (sleeping rope}
Real time
Company Overview _
Yesterday 53,500
costliness
57,100
(maximum price 69,500)
Trading volume 15,141,678
56,800
Compared to the previous day 43,300 | +6.17%
Market price 57,000
Low price 55,900 (lowest price 37,500)
transaction amount
858,993 million
Suncheat 1 day | iSunday
3 months
1 year
Bitch J
5 years
10 years
bar chart
Ilbung
main peak
Wolbong
94,544
Highest 88,80D {07/11}
GE,455
78,356
70,277
54,,99
49,900 {11/14)
45,U1mi
1 trading volume
llillilululililiililillliillillillimlllililllililwlillluillililillll
1120
UtfU2
0 limit
U304
U4;01
UEU2
UEyU3
07mi1
0ar0t
U9iU2
1UD2
11/01

Samsung Electronics’ stock price, which was in the swamp of ‘40,000 Electronics’, is soaring around 6% in early trading thanks to the announcement of cancellation of its own shares.

On the KOSPI market on the 18th, Samsung Electronics started trading at 57,000 won, up 6.54% from the previous trading day, and soared to the 57,100 won range, up 6.73% in the early hours of trading.

As of 9:06 AM, Samsung Electronics is trading at 56,900 won, up 6.36%.

Previously, Samsung Electronics announced that it held a board meeting on the 15th and decided on a plan to purchase 10 trillion won worth of treasury stocks in installments within the next year to improve shareholder value.

Samsung Electronics explained that 3 trillion won of this amount will be purchased and completely incinerated within 3 months. From the 18th of this month to February 17th of next year, 50,144,628 shares of common stock and 6,912,036 shares of preferred stock will be purchased and canceled through over-the-counter purchase.

It was announced that the remaining 7 trillion won will be decided through various discussions on how and when to utilize it.

https://n.news.naver.com/mnews/article/081/0003496044

Ugh

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