REG - Samsung Electronics Samsung Elec - SMSD - Decision on Share Repurchase

Samsung Electronics CoAnnouncement

Yesterday 08:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260318:nRSR1318Xa&default-theme=true

RNS Number : 1318X  Samsung Electronics Co. Ld  18 March 2026

Decision on Share Repurchase

 1. Number of shares to be repurchased                                                                                                            Common         37,000,000
                                                         Other                                                         -
 2. Value of shares to be repurchased (Korean won)                                                                                                Common         7,174,300,000,000
                                                         Other                                                         -
 3. Expected repurchase period                                                                                                                    Start date     March 19, 2026
                                                         End date                                                      June 18, 2026
 4. Expected holding period                                                                                                                       Start date     -
                                                         End date                                                      -
 5. Purpose of repurchase                                                                                                                                        To facilitate employee stock-based compensation
 6. Method of repurchase                                                                                                                                         Open market
 7. Consignment investment brokers                                                                                                                               Samsung Securities Co., Ltd.

                                                                                                                                                                 Shinhan Securities Co., Ltd.

                                                                                                                                                                 KB Securities Co., Ltd.
 8. Holding status of treasury shares before repurchase  Repurchase within the allowable distribution profit (shares)  Common                                    120,813,769       Ratio (%)         2.0
                                                                                                                       Other                                     13,603,461        Ratio (%)         1.7
                                                         Other repurchase (shares)                                     Common                                    -                 Ratio (%)         -
                                                                                                                       Other                                     -                 Ratio (%)         -
 9. Date of board resolution (confirmation date)                                                                                                                 March 18, 2026
 - Attendance of Independent Directors at the Board of Directors meeting                                                                          Present        5
                                                         Absent                                                        -
 - Attendance of auditors who are not                                                                                                                            -

  Independent Directors
 10. Daily order quantity limit                                                                                                                   Common         8,656,922
                                                         Other                                                         -

 

11. Other information to consider:

- Shares denoted as "other" are preferred shares.

- In Item 1 above, number of shares to be purchased was calculated based on
the closing price on the day prior to the Board's resolution (March 17, 2026).

(KRW 193,900 per common share)

- The Company plans to acquire treasury shares based on the value of shares to
be repurchased in Item 2 above. The actual amount may change depending on
future stock price movements.

- With respect to Items 4 and Items 5 above, the Company is repurchasing
shares that will be held in treasury for use in stock-based compensation
programs, including Performance Stock Units (PSUs; introduced in October 2025)
as well as in other programs to incentivize employee performance (e.g., OPI,
LTI).

- In Item 9 above, all Audit Committee members are Independent Directors.

- The calculation method for Item 10 above is the smaller of:  ③  and [the
larger of ① and ②].

 ① 10% of the number of shares to be repurchased: 3,700,000 common

 ② 25% of average daily transaction volume over the one month period
preceding the date of the board resolution: 8,656,922 common

 ③ 1% of total number of issued shares: 59,196,379 common

 

- Limit on the amount of repurchased shares (Korean won)

 1. Limits to Dividend eligible profit under Commercial Act as of end-2025       243,066,826,669,885
 2. Amount of repurchased shares since end-2025                                  6,073,607,225,640
 3. Amount of dividends on profits and reserves for related profits decided at   3,753,484,329,311
 a general meeting of shareholders since end-2025
 4. The interim dividend amount and related profit reserves decided by the       -
 board of directors since end-2025
 5. Acquisition cost of the shares in disposing of treasury shares since         826,550,373,780
 end-2025
 Limit on the amount of repurchased shares                                       234,066,285,488,714

 (1-2-3-4+5)

- In Item 1 above, 'Limits to Dividend eligible profit under Commercial Act as
of end-2025' is based on the 2025 financial statements approved at the general
meeting of shareholders as of the report submission date (March 18, 2026)

-In Item 2 above, 'Amount of repurchased shares since end-2025' represents the
book value, including related fees and expenses

 

- Holding status of treasury shares before purchase (number of shares)

* on-market direct purchase

 Stock type  Initial quantity  Changes                              End quantity
             Purchase                      Disposal   Cancellation
 Common      91,828,987        36,793,671  7,808,889  -             120,813,769
 Other       13,603,461        -           -          -             13,603,461

 

* The 'Initial quantity' represents the number of shares held on as of January
1, 2026, the first day of the fiscal year in which the disclosure document was
prepared; and the 'End quantity' refers to the number of shares held on March
18, 2026, the day the disclosure document was prepared.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCZZGMFRRDGVZG



            Copyright 2019 Regulatory News Service, all rights reserved