Svmuu News: According to Yonhap News Agency, Samsung Electronics is set to launch a massive stock buyback program worth nearly 90 trillion won (approximately $59 billion). Under an agreement reached between management and labor, both parties have agreed to distribute special performance bonuses in the form of company stock (treasury stock). Consequently, the company needs to repurchase a large number of shares to bridge the gap beyond its current holdings of treasury stock. Specific implementation plans are expected to be announced shortly.