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Samsung Electronics (OTC:SSNLF) announces plans to repurchase shares worth 10 trillion won (~$7.17B) as part of its strategy to boost shareholder value. The Board of Directors approved the buyback ...
SEOUL (Reuters) -Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four ...
Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals ... the South Korean government was ordered to pay around $108.5 million ...
In 1992, the company was incorporated into the Samsung Group and was rebranded to Samsung Securities. [1] [3] In 1996, the company attempted to set up a joint venture with J.P. Morgan & Co. to sell mutual funds in Korea but by 1997, the venture failed. [4] In 1998, the company was the first to sell mutual funds in Korea. [1]
This pension fund has 136 trillion won or US$127 billion invested in the Korean stock market. [5] By May 7, 2018, Samsung Securities stated that it would file criminal lawsuits against employees who sold their shares during the fat finger incident. [3] On May 28, 2018, government prosecutors raided the Samsung offices. [10] [needs update]
In 2016, the company signed a strategic partnership agreement with Edmond de Rothschild Group to cross sell mutual funds in Korea and Europe. [13] In 2017, the company spun off Samsung Active Asset Management and Samsung Hedge Asset Management. [14] In 2022, the company launched Samsung Blockchain Technologies ETF, the first of its kind in Hong ...
This is a list of notable South Korean exchange-traded funds.. All ROK-based ETFs, as of July 2012 . KODEX ETFs are managed by Samsung Investments. TIGER ETFs are managed by Miraeasset Investment Management.
SEOUL (Reuters) -Samsung Electronics estimated on Friday its first-quarter operating profit would rise more than 10-fold, topping market expectations, as chip prices have started to rebound from a ...