{
  "id": 11373315,
  "title": "Samsung Electronics to Buy More Shares After Exceeding Buyback Target",
  "url": "https://urgent.news/2026/10/02/samsung-electronics-to-buy-more-shares-after-exceeding-buyback-target",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T06:28:53.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=278131"
  },
  "original_language": "en",
  "account": null,
  "summary": "Samsung Electronics has announced its intention to continue purchasing additional shares beyond its initial buyback target, exceeding 53.8 million shares and spending 14.16 trillion won. The company plans to spend a total of 15 trillion won, or approximately $11.04 billion, on share repurchases. Meanwhile, SK hynix is also continuing its buyback program, purchasing 18.35 million shares, or 76.24% of its reported target, with the remaining shares expected to be acquired within the next week or two. As these buyback programs near completion, concerns are growing in the market about a potential loss of buying support for the broader index, as corporate investors have been the only net buyers in the KOSPI market over the past month.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}