Samsung Electronics is preparing a share repurchase program valued at approximately 90 trillion won ($58.6 billion), a move designed to help resolve a long-running labor dispute with its union.
The plan comes after the company agreed to provide stock bonuses to employees during recent wage negotiations, according to reports citing Yonhap News Agency.
The buyback represents one of the largest corporate actions in South Korea’s tech sector and signals a significant shift in Samsung’s capital allocation strategy.
By coupling the repurchase with equity-based compensation, the company aims to align shareholder returns with employee incentives, potentially easing tensions that have persisted for months.
South Korean President Lee Jae Myung has previously called for a resolution to the standoff, highlighting the broader economic implications of prolonged labor unrest at the nation’s largest exporter.
The agreement underscores the government’s interest in stabilizing key industries amid global supply chain pressures.