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An announcement from Samsung Electronics ( (GB:SMSN) ) is now available.
Samsung Electronics has announced a decision to dispose of 5,256,775 common shares, valued at approximately 287.5 billion Korean won, as part of a stock grant program for employees. This move aims to support sustainable growth and retain key talent within the company, with the shares being transferred from the company’s treasury stock account to designated employees. The disposition is scheduled for May 26, 2025, and involves major securities firms as consignment investment brokers. The initiative reflects Samsung’s commitment to employee motivation and aligns with its strategic goals of fostering long-term growth.
More about Samsung Electronics
Samsung Electronics Co., Ltd. is a leading global technology company that operates in the electronics industry. It is renowned for its innovative products and services, including consumer electronics, semiconductors, and telecommunications equipment, with a significant focus on advancing technology and maintaining a strong market presence worldwide.
Average Trading Volume: 14,487
Technical Sentiment Signal: Sell
Current Market Cap: $260.5B
For detailed information about SMSN stock, go to TipRanks’ Stock Analysis page.
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