2.15 million shareholders at the end of last year↑… Corona 19 situation and part of reinforcing shareholder-friendly management

As the number of private equity investors increased last year, Samsung Electronics’ minority shareholders exceeded 2 million, and Samsung Electronics is expected to hold a regular online shareholders’ meeting for the first time in history, considering the recent Corona 19 situation and strengthening shareholder-friendly management.
According to Yonhap News reports on the 12th, Samsung Electronics decided to hold the 52nd Samsung Electronics regular shareholders’ meeting online in the middle of next month.
This is due to the recommendation of the Samsung Compliance Monitoring Committee to hold the shareholders’ meeting online in consideration of strengthening shareholder-friendly management and the situation of Corona 19.
According to the Korea Securities Depository, at the end of last year, Samsung Electronics had a total of 2.15 million,4081 shareholders, the largest ever.
Samsung Electronics accepted this and decided to introduce it from this year, and it is known that preparatory work is in progress for live online broadcasting. As in last year, the on-site shareholders’ meeting is expected to be held at the Suwon Convention Center in Yeongtong-gu, Suwon-si, Gyeonggi-do.
In the past, Samsung Electronics held a shareholders’ meeting at the Seocho office building in Seocho-gu, Seoul. However, after the 50:1 par value split in 2018, the number of minority shareholders soared, and in March of last year, the first shareholders’ meeting was held at the Suwon Convention Center.
Samsung Electronics announced that it will prepare for this year’s shareholders’ meeting while complying with the Corona 19 situation and the social distancing prevention guidelines.
Meanwhile, at the next month’s general shareholders’ meeting of Samsung Electronics, approval of payment of settlement dividends of KRW 1.3 trillion in accordance with the decision of a special dividend of KRW 1578 per share, as well as successive appointments and appointments of internal and external directors scheduled to expire will be decided.
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