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Samsung Electronics is expected to increase treasury share buybacks to fund a special bonus for semiconductor employees under a tentative labour agreement reached to avoid a planned strike.
Samsung Electronics plans a 10.5% semiconductor performance bonus paid in treasury shares over 10 years.
KEY POINTS
- Current treasury share holdings, valued at about 22.65 trillion won, are insufficient for bonus payouts.
- Samsung may need to buy back additional shares to meet bonus obligations, increasing pressure on management control.
- Ongoing treasury share cancellations could further reduce holdings, intensifying the need for new buybacks.
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