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Act Urges Samsung Electronics to Buyback 37T Won in Shares and List US ADR on July 24

2026-07-24 08:37:41

Samsung Electronics-7.59%

Act, a retail shareholder platform, sent a shareholder letter to Samsung Electronics' board on July 24, calling for the company to repurchase approximately 37 trillion won ($28.5 billion USD equivalent) in shares, or about 2.5% of Samsung's market capitalization, and subsequently list American Depositary Receipts (ADRs) in the U.S. market. The letter aims to enhance shareholder value and long-term corporate value.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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