Samsung refutes buyback report, says no details have been finalized

Seeking Alpha ·

Samsung ( SSNLF ) said on Thursday that it has not decided the schedule or size of a potential share buyback plan, responding to a media report that said otherwise. The South Korean giant said it is reviewing a potential share repurchase

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Samsung Electronics officially denied reports regarding its share buyback, stating that no specific schedule or scale has been finalized yet. However, the company stated it is still reviewing the possibility of a share buyback, drawing attention to its potential impact on future stock prices. Investors should keep a close eye on the scale and timing of the official share buyback plan to be announced in the future.

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