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The numbers in the article don't add up. I think what it means to say is 2000 employees received 1000 shares per ~$1 USD in dividends they were meant to receive
by reitzensteinm 8y ago
The numbers in the article don't add up. I think what it means to say is 2000 employees received 1000 shares per ~$1 USD in dividends they were meant to receive, rather than a fixed value of 1000 shares each (which are not worth $9m!).
- nebulous1 8y ago> Such measures came after an irrevocable accidental input error on Friday -- “share” instead of “Korean won” -- caused Samsung Securities to pay dividends to shareholding employees of a combined 2.8 billion shares, instead of 2.8 billion won ($2.6 million).
- reitzensteinm 8y ago> The intent was to give each of those employees 1000 South Korean won worth about US$1, but instead they all got 1000 shares.