Salem Radio Network News Friday, January 9, 2026

Science

Samsung Electronics to buy $1.73 billion of its shares for employee compensation

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SEOUL, Jan 7 (Reuters) – Samsung Electronics on Wednesday said it would acquire 2.5 trillion won ($1.73 billion) worth of its own shares for employee and executive compensation.

The shares will be acquired through purchases on the stock market between January 8 and April 7, Samsung said in a regulatory filing.

The acquisition is part of a performance-linked compensation scheme introduced in October 2025.

($1 = 1,446.1700 won)

(Reporting by Kyu-seok Shim; Editing by Christian Schmollinger and Bernadette Baum)

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