Samsung Electronics has completed a treasury stock (own shares) buyback worth approximately 15 trillion won. In a treasury stock acquisition result report filed on the 12th, Samsung Electronics stated that it acquired 56,856,305 common shares between August 24 and October 6.

Average Acquisition Price of 263,823 Won... Difference From Planned Amount 'Less Than the Price of One Share'

The total acquisition price was 14,999,999,899,750 won, with the average acquisition price per share tallied at 263,823 won. Commissions and fees were not included in the disclosed acquisition price and average acquisition price.

Samsung Electronics filed a report on the key matters of the treasury stock acquisition on August 21. The planned acquisition amount at the time was 14,999,999,992,000 won, and the difference from the actual acquisition price amounted to only 9,225 won. Samsung Electronics explained through the disclosure that it completed the share acquisition as close to the planned amount as possible, and that the difference between the planned and actual acquisition amounts was less than the price of one share.

Purchases Made Through Samsung Securities, Shinhan Investment Securities, and KB Securities

The treasury stock acquisition was carried out through Samsung Securities, Shinhan Investment Securities, and KB Securities. The total order quantity was 56,858,790 shares, and the actual acquired quantity was tallied at 56,856,305 shares.

Treasury Stock Holdings Stand at 2.34% of Common Shares

With the completion of the acquisition, Samsung Electronics held 136,727,099 common shares of treasury stock as of October 12. The stake based on common shares is 2.34%, the ratio based on total shares is 2.06%, and the book value of treasury stock is 2,842,434 million won.

Samsung Life Insurance's Special Account Reduces Holdings Through On-Market Selling

According to the changes in the largest shareholder's shareholdings before and after the treasury stock acquisition, Samsung Life Insurance's common share holdings remained unchanged at 497,660,185 shares. The common share holdings of Samsung Life Insurance's special account decreased from 3,402,461 shares to 3,313,921 shares due to on-market selling. As a result, the total shares held by the largest shareholder side, as stated in the disclosure, fell from 501,174,210 shares to 501,083,452 shares.