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Samsung Electronics Says Share Repurchase Details Still 'Undetermined' Amid Media Report

MT Newswires·07/23/2026 05:48:19
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05:48 AM EDT, 07/23/2026 (MT Newswires) -- Samsung Electronics (SMSN.L) said Thursday it is currently reviewing a potential share repurchase plan for stock-based compensation, but specific details are still "undetermined" at this time. The electronics company's statement is in response to a June 24 report from South Korean newspaper Munhwa Ilbo, which said the board approved a three-year repurchase plan for 90 trillion South Korean won worth of treasury shares. Samsung Electronics added that it will issue an additional disclosure once relevant details are finalized or within three months.