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Palliser urges Samsung to list shares in the US and repurchase preferred stock

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Summary

Palliser Capital urged Samsung Electronics Co. to list shares in the US and use the proceeds to repurchase preferred stock.

Why it matters

Palliser said Samsung should do more to narrow the discount on its preferred shares, which carry no voting rights.

Editorially reviewed context with at least a 15-minute delay. Market information, not investment advice.

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