Decision on Share Repurchase
Summary by AI BETAClose X
Decision on Share Repurchase
|
1. Number of shares to be repurchased |
Common |
53,285,968 |
||||
|
Other |
- |
|||||
|
2. Value of shares to be repurchased (Korean won) |
Common |
14,999,999,992,000 |
||||
|
Other |
- |
|||||
|
3. Expected repurchase period |
Start date |
Aug 24, 2026 |
||||
|
End date |
Nov 21, 2026 |
|||||
|
4. Expected holding period |
Start date |
- |
||||
|
End date |
- |
|||||
|
5. Purpose of repurchase |
To facilitate employee stock-based compensation |
|||||
|
6. Method of repurchase |
Open market |
|||||
|
7. Consignment investment brokers |
Samsung Securities Co., Ltd. Shinhan Securities Co., Ltd. KB Securities Co., Ltd. |
|||||
|
8. Holding status of treasury shares before repurchase |
Repurchase within the allowable distribution profit (shares) |
Common |
79,870,794 |
Ratio (%) |
1.4 |
|
|
Other |
- |
Ratio (%) |
- |
|||
|
Other repurchase (shares) |
Common |
- |
Ratio (%) |
- |
||
|
Other |
- |
Ratio (%) |
- |
|||
|
9. Date of board resolution (confirmation date) |
August 21, 2026 |
|||||
|
- Attendance of Independent Directors at the Board of Directors meeting |
Present |
5 |
||||
|
Absent |
- |
|||||
|
- Attendance of auditors who are not Independent Directors |
- |
|||||
|
10. Daily order quantity limit |
Common |
7,321,653 |
||||
|
Other |
- |
|||||
11. Other information to consider:
- Shares denoted as "other" are preferred shares.
- In Item 1 above, number of shares to be purchased was calculated based on the closing price on the day of the Board's resolution (August 21, 2026).
(KRW 281,500 per common share)
- The Company plans to acquire treasury shares based on the value of shares to be repurchased in Item 2 above. The actual amount may change depending on future stock price movements.
- With respect to Items 4 and Items 5 above, the Company is repurchasing shares that will be held in treasury for use in stock-based compensation programs (including performance incentives and special management performance incentives) designed to motivate employees and executives to drive performance.
- In Item 9 above, all Audit Committee members are Independent Directors. (All Audit Committee members were present)
- In Item 10 above, daily order quantity limit: 7,321,653 common shares
- The calculation method for Item 10 above is the smaller of: [③] and [the larger of ① and ②].
① 10% of the number of shares to be repurchased: 5,328,596 common
② 25% of average daily transaction volume over the one month period preceding the date of the board resolution: 7,321,653 common
③ 1% of total number of issued shares: 58,462,786 common
- Limits on the amount of repurchased shares (Korean won)
|
1. Limits to Dividend eligible profit under Commercial Act as of end-2025 |
243,066,826,669,885 |
|
2. Amount of repurchased shares since end-2025 |
13,248,624,510,410 |
|
3. Amount of dividends on profits and reserves for related profits decided at a general meeting of shareholders since end-2025 |
3,753,484,329,311 |
|
4. The interim dividend amount and related profit reserves decided by the board of directors since end-2025 |
4,909,210,238,248 |
|
5. Acquisition cost of the shares in disposing of treasury shares since end-2025 |
1,467,979,233,165 |
|
Limit on the amount of repurchased shares (1-2-3-4+5) |
222,623,486,825,081 |
-In Item 2 above, 'Amount of repurchased shares since end-2025' represents the book value, including related fees and expenses
- Holding status of treasury shares before repurchase (number of shares)
* On-market direct purchase
|
Stock type |
Initial quantity |
Changes |
End quantity |
||
|
Purchase |
Disposal |
Cancellation |
|||
|
Common |
91,828,987 |
73,465,072 |
12,063,951 |
73,359,314 |
79,870,794 |
|
Other |
13,603,461 |
- |
- |
13,603,461 |
- |
* The 'Initial quantity' represents the number of shares held on as of January 1, 2026, the first day of the fiscal year in which the disclosure document was prepared; and the 'End quantity' refers to the number of shares held on August 21, 2026, the day the disclosure document was prepared.
※ This disclosure is the final disclosure on the Company's 'Response to Rumors or Media Reports (Undetermined)' dated June 24, 2026, in connection with the media report claiming 'Samsung Electronics to repurchase KRW 90 trillion of treasury shares starting next month, with a three-year phased repurchase subject to Board approval
* Confirmed matter: Repurchase of KRW 15 trillion of treasury shares for stock-based compensation based on 2026 business performance
* Related disclosures:
- June 24, 2026: Response to Rumors or Media Reports: Undetermined
- July 23, 2026: Response to Rumors or Media Reports: Undetermined
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 34 minutes ago TBC Bank Group
- 1 hour ago Moneysupermarket.com Group
- 1 hour ago Dr. Martens
- 1 hour ago Neuberger Private Equity Partners Limited
- 2 hours ago Standard Chartered