Samsung C&T Corporation (028260.KS)
| Previous Close | 150,100.00 |
| Open | 151,400.00 |
| Bid | 150,900.00 x 0 |
| Ask | 151,600.00 x 0 |
| Day's Range | 150,000.00 - 153,900.00 |
| 52 Week Range | 99,300.00 - 171,700.00 |
| Volume | |
| Avg. Volume | 658,895 |
| Market Cap | 24.667T |
| Beta (5Y Monthly) | 0.73 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Jul 24, 2024 - Jul 29, 2024 |
| Forward Dividend & Yield | 2,550.00 (1.70%) |
| Ex-Dividend Date | Dec 27, 2023 |
| 1y Target Est | 187,455.00 |
CNN BusinessSamsung boss acquitted of financial crimes in surprise ruling
Samsung chief Lee Jae-yong was found not guilty by a Seoul court on Monday on charges of stock manipulation and accounting fraud connected to a controversial merger in 2015 of two Samsung affiliates.
Associated Press FinanceSamsung chief Lee Jae-yong is acquitted of financial crimes related to 2015 merger
A South Korean court on Monday acquitted Samsung Electronics Chairman Lee Jae-yong of financial crimes involving a contentious merger between Samsung affiliates in 2015 that tightened his grip over South Korea’s biggest company. The ruling by the Seoul Central District Court could ease the legal troubles surrounding the Samsung heir less than two years after he was pardoned of a separate conviction of bribery in a corruption scandal that helped topple a previous South Korean government. The court said the prosecution failed to sufficiently prove the merger between Samsung C&T and Cheil Industries was unlawfully conducted with an aim to strengthen Lee’s control over Samsung Electronics.
- Reuters
Exclusive-Hedge fund Palliser urges changes at Samsung C&T -sources
(Reuters) -Activist investor Palliser Capital is urging Samsung C&T (SCT) to spend its cash better, improve governance and communications and simplify its corporate structure to boost its share price, said three sources familiar with the matter. The London-based hedge fund has suggested SCT consider making a number of potential changes that could lift its share price by as much as 170%, they said. SCT is the effective holding company of South Korea's largest business conglomerate Samsung Group that is controlled by its founding family.
