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Deccan HeraldITNewspapers

Samsung Electronics plans $7.2 billion buyback after share price plunges

Mathew C S
By Mathew C SNovember 16, 2024

Seoul: Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four-year lows earlier in the week.

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