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August 24, 2019

Samsung Electronics to retire W4.9tr stake

PUBLISHED : November 30, 2018 - 11:35

UPDATED : November 30, 2018 - 11:35

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[DISCLOSURE] Samsung Electronics (005930) announced on Nov. 30 that it has decided to retire 449,542,150 common shares and 80,742,300 preferred shares worth 4.88 trillion won (US$4.35 billion). 

The due date for retirement is Dec. 4. 

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

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