Huge buyback expectations ignite the market, Samsung Electronics' stock price soars nearly 10% and regains the top market value in South Korea.

According to the financial news app Wisdom Finance, Samsung Electronics (SSNLF) plans to implement a stock buyback plan of up to 900 trillion Korean won (approximately $590 billion), as reported by foreign media. The specific details of the plan are expected to be announced soon. Samsung Electronics stated in a regulatory filing on Wednesday that the company is considering a stock buyback for use in a stock-based employee compensation plan based on performance by 2026, but emphasized that specific details such as timing and scale of the buyback are yet to be determined.