Samsung Electronics Reports Strong Financial Performance and Strategic Board Elections at Annual Meeting

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Samsung Electronics Reports Strong Financial Performance and Strategic Board Elections at Annual Meeting

Samsung Electronics ( (GB:SMSN) ) has shared an announcement.

Samsung Electronics held its 56th Annual General Meeting of Shareholders, where key financial statements for the fiscal year 2024 were approved, showcasing a strong financial performance with a net income of KRW 34,451 billion and total dividend payout of KRW 9,811 billion. The meeting also saw the election of new board members, with independent directors now comprising 60% of the board, reflecting Samsung’s commitment to governance and strategic oversight.

More about Samsung Electronics

Samsung Electronics Co., Ltd. is a leading company in the electronics industry, primarily known for its consumer electronics, semiconductors, and telecommunications equipment. The company focuses on innovation and technology, serving a global market with a wide range of products including smartphones, televisions, and home appliances.

YTD Price Performance: 8.90%

Average Trading Volume: 16,456

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $261.9B

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