SEOUL (Reuters) – Samsung Electronics has really decided to terminate 3.05 trillion received ($ 2.11 billion) properly price of its very personal shares that it had really gotten previously, the enterprise said in a regulative declaring.
Samsung moreover said in a unique governing declaring it could definitely acquire 2.7 trillion received properly price of its very personal ordinary shares, and 304 billion received properly price of varied different shares, in between Feb 19 and May 16 this 12 months to raise investor price and revenue its workers members.
The enterprise said in November in 2014 it meant to redeem shares price 10 trillion gained a 1 12 months length after its share price underperformed rivals comparable to SK Hynix, noting the very first time the expertise titan had really decided to redeem shares on condition that 2017.
(Reporting by Joyce Lee; Editing by Ed Davies)
