Share Buyback

12th Jan 2007 07:00

Samsung Electronics Co. Ld12 January 2007 January 12, 2007 Share Buyback On January 12, 2007, the BOD of Samsung Electronics authorized a share buyback. • Details 1. The number of shares to be repurchased is as follows: • 2,800,000 common shares • 400,000 preferred shares 2. The expected buyback amount is about KRW 1.63 trillion for common shares and KRW 179.2 billion for preferred shares. The actual buyback amount is subject to change, based on the price at the time of the repurchase. 3. Buyback period: January 16, 2007 to April 15, 2007 4. The planned buyback aims to stabilize stock prices. 5. Samsung Electronics will buy back shares through Samsung Securities, Daehan Investment & Securities, Korea Investment & Securities, Prudential Investment & Securities, and Mirae Asset Securities. 6. Samsung Electronics will finance the buyback with cash on hand. This information is provided by RNS The company news service from the London Stock Exchange

---

Related Shares:

Samsung El.gdr