0756 GMT - Samsung Electronics could cancel additional shares of more than KRW5 trillion by end-2026, KB Securities analysts Jeff Kim and Dahyun Kang write in a note. South Korea's governing party is pushing for a Commercial Act amendment by Dec. 31 that would require companies to cancel treasury shares within one year of their repurchase to better serve shareholders, they note. The South Korean tech giant has recently bought back around KRW10 trillion worth of shares, of which KRW4.6 trillion has been cancelled or awarded as employee bonuses, they say. The remaining KRW5.4 trillion worth of shares would be subject to mandatory cancellation under the proposed amendment, they add. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
November 25, 2025 02:56 ET (07:56 GMT)
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