THE INVESTOR

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April 25, 2024

Samsung Electronics to retire shares worth W2.3tr

PUBLISHED : April 27, 2017 - 09:28

UPDATED : April 27, 2017 - 09:28

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[DISCLOSURE] Samsung Electronics (005930) announced on April 27 that it has decided to acquire 900,000 common shares and 225,000 preferred shares and retire. 

The total amounts to 1.93 trillion won (US$1.71 billion) for common stocks and 369.23 billion won for preferred stocks.

By Hwang You-mee (theinvestor@heraldcorp.com)

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