Samsung E&A to Buy Back Shares Worth 780 Billion Won
Samsung E&A plans to repurchase its own shares worth 780 billion won and to cancel earlier repurchased shares worth 690 billion won, Reuters reports.
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what happened
Samsung E&A Co Ltd said it intends to buy back its own shares for a total of 780 billion won.
In a separate decision, the company also plans to cancel previously repurchased shares worth 690 billion won. The information was published on October 21, 2026, according to Reuters.
why it matters
Share buybacks typically support the stock price and reduce the number of shares outstanding, which lifts earnings per share for remaining shareholders. For the market this is routine corporate news, though the size of the buyback stands out even for a company of this scale.
tags
instruments
sources
- Samsung E&A Co To Acquire 780 Billion Won Worth Of Own Shares — Reuters, 21 October 2026 at 23:21 UTC
- Samsung E&A Co To Cancel Repurchased Shares Worth 690 Billion Won — Reuters, 21 October 2026 at 23:20 UTC
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