May 20, 2016

Purchase of Assets

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) (“SEC”) announced today that its Board of Directors have approved the purchase of certain assets (CER units, or Certified Emissions Reduction units) from Samsung Display Co., Ltd., an affiliate of SEC.

▫ Details
1. Scheduled Purchase Date: due in June 2016

2. Purchased Assets: 360,000 tons of CER (Certified Emissions Reduction units)

3. Expected Purchase Price: KRW 7,560 million

* The expected purchase price was calculated based on the closing price of CER (05/19/2016, KRW 21,000 per ton) one day before the approval of the BOD and the purchase price may vary depending on the trading price of CER on KRX.


4. Number of Independent Directors Present at the BOD Meeting: 5

5. Attendance of Audit Committee: Y

※ This disclosure is in accordance with the Korean Fair Trade Act, which mandates that a company must disclose financial and real estate transactions in the event the value of such a transaction is greater or equal to KRW 5 billion and the counterparty is a affiliate of the party required to make the disclosure.


Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.
CANCEL
CONTINUE
×

Redirect Notification

As of Nov. 1, 2017, the Samsung Electronics Co., Ltd. printer business and its related affiliates were transferred to HP Inc.

For more information, please visit HP's website: http://www.hp.com/go/samsung


Select CONTINUE to visit HP's website.

CANCEL
CONTINUE