Samsung Shares Soar Past 100,000 Won Amid Renewed Investor Confidence

Samsung Electronics' shares topped 100,000 won for the first time, fueled by optimism in the chip sector, enhanced high-bandwidth memory competitiveness, and a substantial stock buyback program. The company's financial turnaround comes after challenges in its semiconductor division significantly impacted its profits last year.

In a significant milestone, South Korean tech giant Samsung Electronics Co. saw its shares transcend the 100,000 won mark for the first time, prompting a wave of investor optimism. A report by Pulse highlights the resurgence spurred by Samsung's competitive edge in high-bandwidth memory (HBM) and a notable stock buyback initiative.

The stock, which had plummeted to a low of 49,900 won during November trading last year, showed resilience as investor sentiment improved. The slump, largely attributed to the underperformance of its semiconductor division—typically a significant contributor to company profits—saw Samsung's standings compared unfavorably to rival SK hynix Inc. in early 2025 after a 33-year lead.

Investor confidence surged following Samsung's announcement of a 10 trillion won share buyback in late 2024, boosting overall market trust. This move, coupled with strategic purchases by senior executives, has bolstered Samsung's commitment to responsible management, ensuring a steady ascendancy back to the 100,000 won tier. The stock's upward momentum also aligns with its breakthrough past 90,000 won earlier this month, underscoring sustained market confidence.

(With inputs from agencies.)