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Samsung shares up sharply | ITWeb

Retrieved on: 2024-03-30 11:48:11

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Summary

Samsung Electronics aims to stabilize its share price and reward shareholders through a $2 billion stock buyback program, the first since 2007, amid declining smartphone market share and profits. This move aligns with the telecommunication sector's focus on investor returns and market competitiveness, involving its subsidiaries like Samsung Telecommunications and products like the Samsung Galaxy.

Article found on: www.itweb.co.za

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