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Xiaomi plans $1.5 billion buyback to arrest stock tumble

Xiaomi shares responded to news of the buyback, its biggest, by climbing nearly 7%.

Samsung sells units and announces $2 bn share buyback

SEOUL: Samsung announced Wednesday the $1.7 billion sale of stakes in four affiliates and a $2.0 billion share buyback as the South Korean giant steps up restructuring efforts ahead of a generational ownership succession. 

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