Ron Burgundy Posted November 26, 2014 Share Posted November 26, 2014 SEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits. The world's largest smartphone maker will buy back 1.65 million common shares and 250,000 preferred shares to stabilise its share price and boost value for shareholders, it said in a regulatory filing, its second-largest buyback ever. ... View the full article Quote Link to comment Share on other sites More sharing options...
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