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Samsung announce a $2 billion shares buyback

  Uzair Khan

Samsung released the markets know who wants to buy $ 2 billion of its own shares. In particular, the electronics giant will catch 1650000 ordinary shares and 250,000   has preferred aktsiy.Shag is your first purchase of 2007, and the second largest of all.

The last step that endangered giant will undertake of this repurchase of $ 2 billion per share, which is a direct response to the many investors who have 

expressed a desire for greater return on their invested capital. It is the second largest rescue of Samsung, the first since 2007. Some 1.65 million common and 250,000  preferred shares again with the hope of a more constant share price and also to improve profitability for shareholders. So far in 2014, Samsung has seen its shares fall 12% (for reference, the global market experienced a decline of only 1.5% so far in 2014).

Samsung announce a $2 billion shares buyback

Samsung announce a $2 billion shares buyback

 

Weak sales of its flagship, the Galaxy S5, are one of the main culprits in the unenviable position at the camp Sammy – reported 40% fewer units of Galaxy S5 were sold compared to the Galaxy S4. So we have heard the rumors and speculation that the next flagship smartphone that will be proudly Samsung logo on the front, Samsung Galaxy S6 (also known as “Project Zero”), will be developed from scratch. Potentially, it can help Samsung, to regain its position as a world leader and back in black.

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