Samsung Electronics to retire treasury shares worth over $9.49 billion

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Samsung Electronics to retire treasury shares worth over $9.49 billion

The logo of Samsung is seen at the Samsung Electronics building in southern Seoul on July 5, 2024. [AP/YONHAP]

The logo of Samsung is seen at the Samsung Electronics building in southern Seoul on July 5, 2024. [AP/YONHAP]

 
Samsung Electronics will retire around 87 million treasury shares worth more than 14.5 trillion won ($9.49 billion). 
  
In a regulatory filing on Tuesday, the company announced its decision to retire around 73.36 million common shares and 13.6 million preferred shares on Thursday. Samsung Electronics' investor-relations materials identify its share classes as common and preferred shares and show that it ended 2025 with more than 105.4 million treasury shares on hand.  
 
  

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Common shares typically carry voting rights, while preferred shares generally offer priority in dividends but limited or no voting rights.
 
The par value is 100 won per share, and the total amount to be retired comes to 14.58 trillion won.
 
“This decision to retire shares concerns treasury stock acquired pursuant to board resolutions dated Feb. 18, 2025, and July 8, 2025, for purposes including enhancing shareholder value,” said Samsung Electronics. “The company is retiring treasury shares acquired within the scope of distributable profits through a board resolution, so only the number of shares will decrease; there will be no reduction in capital.”


This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.
BY HAN YOUNG-HYE [[email protected]]
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