[Featured Stock] Samsung Electronics Surges Over 6% on News of 10 Trillion Won Share Buyback

Samsung Electronics is experiencing a surge of over 6% following news of a 10 trillion won share buyback.

As of 9:07 AM on the 18th, Samsung Electronics is trading at 57,000 won, up 6.54% from the previous day.

On the 15th, Samsung Electronics' board of directors decided on a 10 trillion won share buyback. This is the third time Samsung Electronics has decided on a share buyback, following 11.3 trillion won in 2015 and 9.3 trillion won in 2017.

Since 2010, Samsung Electronics' stock price has fallen below a PBR of 1 five times, including in 2024. Considering past stock price trends after share buyback decisions, Samsung Electronics' stock price clearly acted as a catalyst for a short-term rebound with an upward trend.

Kim Dong-won, a researcher at KB Securities, said, "This 10 trillion won share buyback decision is expected to act as a short-term rebound catalyst for Samsung Electronics' stock price. However, for mid- to long-term stock price momentum, early market entry led by securing leadership in HBM4 next year and a clear reduction in inventory of general-purpose memory such as DDR4 and DDR5 will be necessary."