|Bid||183,000.00 x 0|
|Ask||183,500.00 x 0|
|Day's Range||180,500.00 - 184,000.00|
|52 Week Range||155,500.00 - 229,500.00|
|Beta (5Y Monthly)||0.73|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 22, 2021 - Jul 26, 2021|
|Forward Dividend & Yield||2,400.00 (1.33%)|
|Ex-Dividend Date||Dec 29, 2020|
|1y Target Est||257,769.00|
The family behind Samsung will cover part of a staggering inheritance tax bill by donating valuable paintings. How they will pay the remaining Won12tn ($11bn) triggered by the death of patriarch Lee Kun-hee is of greater relevance to non-family shareholders. The Lees must have what art dealers flatteringly refer to as “an eye”.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Samsung SDS Co., Ltd. Hong Kong, January 23, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Samsung SDS Co., Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 19 January 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Samsung Electronics Co. Ltd. and affiliate stocks witnessed a surge in South Korea on Monday. Samsung C&T Corp rallied by 13.46%, Samsung SDS Co Ltd rose 5.51%, and Samsung Life Insurance Co Ltd gained 3.8%. What Happened: The stock market is reacting over a change in leadership after the death of Chairman Lee Kun-Hee on Sunday, according to CNBC.Vice-Chairman Jay Y. Lee, son of Lee Kun-Hee, has been at the helms of the company since 2014 when Senior Lee was diagnosed with health troubles.Daiwa Securities Executive Director and analyst SK Kim attributed the stock price movement as an "impact from the succession," CNBC reported. Kim noted that Samsung's affiliate stocks rose as Jay Y. Lee was the "de facto leader of the Samsung group" with sizeable holdings in Samsung SDS and Samsung C&T.Why Does It Matter: According to the Wall Street Journal, it is unclear if Lee Kun-Hee's holdings in Samsung would be inherited by Jay Y. Lee or his siblings.The Journal cited Park Sang-in, a Seoul National University professor studying succession planning at South Korea's dynastic companies, who believes that while Jay Y. Lee is unlikely to be challenged for the role of the Samsung Chairman, his sisters could still be in a position to spin off some parts of the company.Jay Y. Lee is facing ongoing legal cases over bribery and financial fraud.See more from Benzinga * Click here for options trades from Benzinga * SAP Lowers 2020 Guidance As Revenue Falls In Q3 * Carlyle Inches Closer On .4B Purchase Deal With Siemens For Mechanical Drive Unit: Report(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.