Samsung Electronics to buy back $1.73 bln shares for employee pay
Samsung Electronics will buy back its own shares worth 2.5 trillion won. This move is for employee and executive compensation. The share purchases will happen on the stock market. This is part of a performance-linked pay plan. The plan was introdu...
By Reuters |
Reuters
SEOUL - Samsung Electronics on Wednesday said it would acquire 2.5 trillion won ($1.73 billion) worth of its own shares for employee and executive compensation.
The shares will be acquired through purchases on the stock market between January 8 and April 7, Samsung said in a regulatory filing.
The acquisition is part of a performance-linked compensation scheme introduced in October 2025.
The shares will be acquired through purchases on the stock market between January 8 and April 7, Samsung said in a regulatory filing.
The acquisition is part of a performance-linked compensation scheme introduced in October 2025.
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