Wednesday, 24 June, 2026
The $59 Billion Bonus: Samsung Eyes Record Buyback to Pay Workers in Stock
By TechShots Studio
Samsung Electronics is reportedly planning a massive 90 trillion won ($58.6 billion) share buyback—the largest in its history. The unprecedented move follows a recent labor-management pay deal where Samsung agreed to distribute 10.5% of its semiconductor operating profits as special bonuses using company stock instead of cash. The news sent Samsung shares surging over 6%, reclaiming its crown as South Korea's most valuable company.
Read full story at REUTERS