💨 Abstract

Samsung Electronics announced a share buyback worth 10 trillion won ($7.17 billion) over a year to enhance shareholder value. The news boosted the company's shares, which had their largest daily jump since March 2020 and rebounded from their lowest level since mid-June 2020. However, they are still down 32% year-to-date. The shares rose 7.2%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖