The company said its board approved an increase of $5.0 billion to its stock repurchase authorization on November 21, 2024, effective immediately.

1. 01

   The company said its board approved an increase of $5.0 billion to its stock repurchase authorization on November 21, 2024, effective immediately.

2. 02

   The company said the increase is in addition to the existing $4.0 billion repurchase authorization, which had about $1.4 billion remaining as of September 30, 2024.

3. 03

   The company said it expects to execute the repurchase program through open market transactions, privately negotiated transactions or other means it determines, including plans complying with Rule 10b5-1. It said the timing and actual amount repurchased will depend on the market price of its common stock, general market and economic conditions and other factors, and that the program may be extended, suspended or discontinued at any time without notice.

4. 04

   The company said its board amended and restated the Amended and Restated Bylaws on November 21, 2024, effective the same day, and amended Article II, Section 1 to permit the board to nominate more than one member of management for election to the board.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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