Samsung Electronics announces biggest-ever share buyback of up to $78.88 billion

Samsung Electronics announced its biggest-ever share buyback, worth between 90 trillion won and 110 trillion won, or about $64.54 billion to $78.88 billion. Shares rose 3.87% as the Korean company, one of the world’s top memory-chip makers, benefits from the artificial-intelligence boom supporting chip demand.

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Samsung Electronics announces biggest-ever share buyback of up to $78.88 billion - CoinPost Terminal