Samsung plans to launch a stock buyback program of nearly 90 trillion won, sending its shares up 9.35% during trading.

According to Yonhap News Agency, Samsung Electronics will soon launch a stock buyback program totaling nearly 90 trillion won. As labor and management have reached an agreement to distribute special performance bonuses in the form of self-purchased shares, the company needs to significantly increase its treasury stock holdings to cover any excess. KB Securities' forecast for Samsung Electronics' operating profit shows 375 trillion won this year and 548 trillion won next year. Assuming a continued supercycle and operating profit in 2028 remains flat compared to next year, the total operating profit for the next three years will reach 1,471 trillion won. Recently, Samsung Electronics, in accordance with the labor-management agreement, decided to distribute 10.5% of its operating profit as special performance bonuses for its semiconductor division. Based on this, the total performance bonus over the next three years is estimated at approximately 154 trillion won. After deducting approximately 40% in taxes (withholding tax), Samsung Electronics will distribute approximately 93 trillion won in the form of shares. If Goldman Sachs' forecast of a combined operating profit of 1,514 trillion won over the next three years is adopted, the scale of share buybacks could further expand. According to market data, Samsung's stock price rebounded sharply in early trading today, possibly influenced by this news, and is currently up 9.35%.