Samsung Electronics BOD Approves Third Phase of Share Repurchase and Second Quarter Dividend
Samsung Electronics BOD Approves Third Phase of Share Repurchase and Second Quarter Dividend
  • By Yeon Chul-hyun(info@koreaittimes.com)
  • 승인 2017.07.27 13:03
  • 댓글 0
이 기사를 공유합니다

Progress of Shares Buyback

On July 27, 2017, Samsung Electronics Board of Directors (BOD) approved the third phase of the share buyback and cancellation.

It will start on July 28, 2017 and take approximately three months to complete, in which the company will repurchase and cancel 670,000 common shares and 168,000 preferred shares.

Samsung announced in January’s Q4 2016 earnings release that it would implement a share buyback of KRW 9.3 trillion won in 2017.

For the first two phases, Samsung invested approximately KRW 5 trillion and it repurchased and cancelled 1.92 million common shares and 480,000 preferred shares.

Quarterly Dividend

The BOD also approved the second quarter dividend of 7,000 won per share for both common and preferred shares.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • Korea IT Times: Copyright(C) 2004, Korea IT Times. .Allrights reserved.
  • #1005, 65 YeouiDaebang-Ro, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07333)
  • * Mobile News: m.koreaittimes.com
  • * Internet news: www.koreaittimes.com
  • * Editorial Div. 02-578-0434 / 010-2442-9446 * PR Global/AD: 82-2-578-0678.
  • * IT Times Canada: Willow St. Vancouver BC
  • 1-778-686-0116/ 070-7008-0005
  • * Email: info@koreaittimes.com
ND소프트