[Edaily Reporter Choi Oh-hyun ] SamsungElectronics has completed a share buyback worth approximately 15 trillion won for employee stock compensation, bringing the process to a close one and a half months ahead of the originally scheduled date. This comes about one and a half months after the buyback began in August. With this purchase, the number of SamsungElectronics’ treasury shares has exceeded 136 million.

According to the Financial Supervisory Service’s electronic disclosure system on the 12th, SamsungElectronics purchased a total of 56,856,305 common shares on the open market from August 24 to the 6th of this month. The total acquisition cost was 14.999999899750 trillion won, or approximately 15 trillion won. The average acquisition price per share was 263,823 won.

SamsungElectronics had previously announced on August 21 a plan to repurchase approximately 15 trillion won worth of its own shares for employee stock compensation. Although the initial planned acquisition period was from August 24 to November 21, the company completed the purchases 46 days ahead of the scheduled end date.

The purchases were made through SamsungSecurities, Shinhan Investment Securities, and KB Securities. SamsungElectronics purchased 2 million shares of its own stock per day on most trading days during the acquisition period. On October 6, the final trading day, it acquired an additional 1,056,305 shares, concluding the purchase.

As of the 12th, SamsungElectronics’ holdings of treasury stock totaled 136,727,099 common shares following this acquisition. This represents 2.34% of all common shares. Based on the total number of issued shares, including preferred stock, it accounts for 2.06%. The book value of the treasury stock is approximately 28.0424 trillion won.

Meanwhile, during this share repurchase period, the number of shares held in the general account of Samsung Life Insurance—the company’s largest shareholder—remained unchanged at 497,661,085 shares. However, the number of common shares held in Samsung Life Insurance’s special account decreased by 88,540 shares to 3,313,921 shares due to on-market sales. The number of preferred shares also decreased by 2,218 shares.

This disclosure reports that SamsungElectronics has completed its previously announced share buyback plan. SamsungElectronics had previously announced plans to acquire its own shares from August 24 to November 21, but completed the buyback about a month ahead of schedule. This report does not specify whether the acquired shares will be canceled or provide a detailed schedule for their disposal.