Most Popular
-
1
Over 80,000 millionaires, 20 billionaires in Seoul: report
-
2
Korean battery makers heave sigh of relief over 2-year IRA reprieve
-
3
Yoon apologizes over first lady’s Dior bag scandal, but accuses special probe attempt as political maneuvering
-
4
Young Korean doctors seek plan B: cosmetic dermatology or overseas
-
5
South Korea open to Indonesian proposal to cut KF-21 payments
-
6
Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
-
7
Coupang earnings hit hard by losses from ailing Farfetch
-
8
[K-pop’s dilemma] Time, profit pressures work against originality
![[K-pop’s dilemma] Time, profit pressures work against originality](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/08/20240508050705_0.jpg&u=20240508171126)
-
9
Korea projected to outpace Taiwan in chip production by 2032: US report
-
10
Why femicide and dating violence are growing issues in S. Korea
![[K-pop’s dilemma] Time, profit pressures work against originality](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/08/20240508050705_0.jpg&u=20240508171126)
[THE INVESTOR] Samsung SDS chief financial officer Park Sung-tae said on June 14 that the company is considering buying back shares and offering dividends in a bid to bolster the firm’s sagging stock prices.
“We are considering repurchasing 1.8 trillion won ($1.5 billion) worth of Samsung SDS stocks,” Park told the company’s minority shareholders who gathered at the firm’s Southern Seoul headquarters.
“We are considering repurchasing 1.8 trillion won ($1.5 billion) worth of Samsung SDS stocks,” Park told the company’s minority shareholders who gathered at the firm’s Southern Seoul headquarters.
Share prices of the information and technology arm of Samsung Group have been falling since the firm announced plans on June 6 that it would be splitting off its logistics solution business.
Samsung SDS shares closed at 155,500 won on this day, up (up 2.98 percent) investors were encouraged by the news.
“SDS’ merger attempt with Samsung C&T seems to be in line with the conglomerate’s initiative for corporate restructuring,” said Lee Sang-heon, an analyst from HI Investment & Securities, in his investment report, adding that C&T would be able to play a more core role than before as a de facto holding company of Samsung Group down the road.
(investor@heraldcorp.com)
Samsung SDS shares closed at 155,500 won on this day, up (up 2.98 percent) investors were encouraged by the news.
“SDS’ merger attempt with Samsung C&T seems to be in line with the conglomerate’s initiative for corporate restructuring,” said Lee Sang-heon, an analyst from HI Investment & Securities, in his investment report, adding that C&T would be able to play a more core role than before as a de facto holding company of Samsung Group down the road.
(investor@heraldcorp.com)
-
Articles by Korea Herald
![[Today’s K-pop] Stray Kids to drop new album in July: report](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/05/09/20240509050659_0.jpg&u=)