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Samsung Electronics starts 2.5 trillion won treasury share buyback for employee compensation

Samsung Electronics said it decided to acquire 2.5 trillion won worth of treasury shares from Jan. 8 to April 7, covering 18 million common shares based on the previous day’s closing price. Purchases will be made on the main bourse through Samsung Securities, Shinhan Investment and KB Securities. The shares are intended for employee stock-based compensation, including PSU awards and performance incentives introduced in October.