Samsung Electronics plans to dispose of 1.13 million treasury shares to grant equity incentives to executives.

According to the announcement, the disposal price is based on the closing price on July 10, with the expected total amount being approximately 322.7 billion won. The disposed shares will be transferred directly from the company’s treasury stock account to individual accounts on July 13. Reportedly, the number of shares to be disposed of this time accounts for only 0.019% of the company’s total issued shares.