Samsung Electronics to cancel W16tr in treasury shares

Samsung Electronics will cancel about 87 million treasury shares worth roughly 16 trillion won ($10.9 billion) in the first half of this year as part of its efforts to enhance shareholder value, according to its 2025 business report released Tuesday. The cancellation represents a large portion of the 105.43 million treasury shares the company held at the end of last year. Based on Tuesday’s closing price of about 190,000 won per share, the shares slated for retirement are valued at roughly 16 tr

By The Korea Herald