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Samsung Electronics Paid 7,000 Won Cash Dividends to Common and Preferred Stocks

Written: 2017-07-27 14:42:02Updated: 2017-07-27 15:11:15

Samsung Electronics Paid 7,000 Won Cash Dividends to Common and Preferred Stocks

Samsung Electronics announced on Thursday that it paid seven-thousand won cash dividends per share for both common stocks and preferred stocks in the second quarter.
 
The figure is the same as the first quarter. The dividend rate is 29-hundredths of a percent for common stocks and 37-hundredths of a percent for preferred stocks.
 
Total dividends were estimated at 965-point-three billion won. 
 
The electronics giant also decided on Thursday to buy back and cancel 670-thousand common stocks and 168-thousand preferred stocks. The plan is part of the firm’s overall plan revealed earlier in January to buy back its own shares worth nine-point-three trillion won this year.
 
The latest buyback is set to take place for three months starting from Friday.
 

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