India  

Samsung Electronics plans/ announces $7.2 billion buyback to boost shareholder gains

IndiaTimes Friday, 15 November 2024
Samsung Electronics has announced a $7.17 billion share buyback program, its first since 2017. This move comes after the company's shares plummeted to a four-year low earlier this week. The buyback aims to bolster shareholder value following a disappointing quarterly profit, attributed to lagging AI chip supply to Nvidia.
0
shares
ShareTweetSavePostSend
 

You Might Like