Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Samsung Electronics announced a board decision to acquire approximately KRW 3.0 trillion worth of treasury stock (approx. 50.14M common shares and 6.91M preferred shares) via on-market purchases and retire all of them to enhance shareholder value.
📊 [Key Disclosure Details & Financial Highlights]
1. Target Shares & Estimated Amount
- Common Shares: 50,144,628 shares / KRW 2,682,737,598,000 (Approx. KRW 2.68T)
- Other Shares (Preferred Shares): 6,912,036 shares / KRW 317,262,452,400 (Approx. KRW 317.26B)
- Total Estimated Amount: Approx. KRW 3.0T (Based on closing prices on Board Resolution Date: Common KRW 53,500 / Preferred KRW 45,900)
2. Acquisition Terms & Method
- Expected Execution Period: 2024-11-18 ~ 2025-02-17
- Purpose & Treatment: Enhancing shareholder value (All acquired shares are planned to be retired/canceled)
- Method: Direct on-market purchase via KOSPI
- Commissioned Broker: Samsung Securities Co., Ltd. et al.
- Daily Buy Order Limit: Common 6,525,123 shares / Preferred 691,204 shares
3. Additional Important Details
- Board Resolution Date: 2024-11-15 (All 6 outside directors present)
- Statutory Dividend Capacity Limit for Buyback: KRW 206.04T (KRW 206,038,109,218,776)
- Treasury Stock Holdings Prior to Decision: 0 shares for both common and preferred stock
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Treasury Stock Purchase and Retirement Progress via Subsequent Disclosures
This disclosure reports the Board of Directors’ decision to acquire approximately KRW 3.0 trillion in treasury stock and retire all acquired shares to enhance shareholder value. Verifying whether the share purchases and subsequent retirement procedures are executed as scheduled is important for tracking the realization of the shareholder return policy. Investors can review the execution details in the upcoming Treasury Stock Acquisition Result Report, retirement disclosures, and periodic reports.
📢 Disclaimer & Source Notice
Source: This content was structured and generated based on official submission data from the Financial Supervisory Service’s DART system.
Investment Risk Warning: This material is provided for informational and linguistic reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
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