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Home>Samsung to buy back $2 billion worth of shares

Samsung to buy back $2 billion worth of shares

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Thu, 27 Nov 2014

By Jonathan Cheng and Min-Jeong Lee SEOUL -- Samsung Electronics Co. said it would repurchase $2 billion worth of its shares, its first buyback in seven years, as it deploys a part of its hefty cash reserve to shore up its flagging share price. In a regulatory filing after the close of trading
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