How To Buy Samsung Shares

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How to Buy Stock

Notice

Contents are provided for general information purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security of Samsung Electronics Co., Ltd. (“SECL”) or its affiliates (“Security”) in any jurisdiction. SECL does not intend to solicit and is not soliciting, any action with respect to any Security or any other contractual relationship with SECL. Nothing in this website or the Contents thereof, individually or taken in the aggregate, constitutes an offer of securities for sale or a solicitation of an offer to buy any security in the United States, the United Kingdom, Hong Kong, Singapore, Japan, or in any other jurisdiction in which such an offer or solicitation is unlawful, or to US persons.

The Contents of this section have not been approved or disapproved by any securities commission or regulatory authority in Republic of Korea (hereinafter, “Korea”) or any other jurisdiction, and SECL expressly disclaims any duty on SECL to make disclosures or any filings with any securities commission or regulatory authority, beyond that imposed by applicable laws. The Contents of this section are neither sufficient, nor intended by SECL to be used in connection with, any decision relating to the purchase or sale of any existing or future Securities. SECL does not, does not intend to, and will not provide financial, investment, tax, legal, or accounting advice. Investors considering the purchase or sale of any Securities should consult with their own independent professional advisors.

The Contents of this section and the certain pages of the website contain information and documents that relate to securities that have not been registered, and will not be registered, for sale in the United States, or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered, sold, resold, or pledged in or delivered into the United States, or for the account or benefit of U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933 [the “Securities Act”], as amended) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Such securities may also be subject to US tax law requirements. There will be no public offering of the Securities referred to in this section or any other page of the website in the United States. The Contents of this section, information contained in these pages, any opinion expressed therein and Other Contents of this website are provided solely for general information purposes, and do not constitute a sale of, offer for sale of, or solicitation of an offer to buy any securities in any jurisdiction.

Introduction

Individuals of foreign nationalities can invest in Samsung Electronics shares either directly or indirectly. Samsung Electronics shares consist of original shares listed on the Korea Stock Exchange (KRX) and global depository receipts (GDRs) listed on London Stock Exchange (LSE) and Luxembourg Stock Exchange (LuxSE).

GDRs on the LSE and LuxSE

Individuals residing in foreign countries other than the US may trade Samsung Electronics GDRs listed on the LSE and LuxSE.

European Union residents

Investors in the EU can trade Samsung Electronics GDRs the same way they trade stocks listed on their local stock exchanges.

Residents of other regions

Non-EU residents, excluding US residents, have no special limitations for trading Samsung Electronics GDRs listed on European stock exchanges.

Investors simply open an account at a securities firm eligible to trade GDRs on the LSE or LuxSE—eg, in Singapore through Phillip Securities or Kim Eng Securities or in Hong Kong through HSBC.

US residents

Individuals are prohibited from trading GDRs in accordance with Rule 144A of the US Securities Exchange Act.

Shares on the KRX

Method I

Foreign investors can buy Samsung Electronics shares directly on the KRX.

Procedure
  • 1) Register with the Financial Supervisory Service and obtain an investor registration certificate (IRC)
  • 2) Open a stock trading account at a Korean securities firm
  • 3) Transfer funds
  • 4) Trade shares in real time

Requirements

  • Standing proxy agreement
  • Investment ID application
  • Registration of signature
  • Determination of resident status
  • Copy of passport

Method II

Foreign investors can buy Samsung Electronics shares through a local securities firm or bank.

Procedure
  • 1) Open an account at a local securities firm or bank eligible for trading Korean stocks
  • 2) Deposit funds into the account
  • 3) Place trade orders

Some securities firms have a minimum balance requirement

Local financial institutions eligible for trading Korean stocks

Local financial institutions eligible for trading Korean stocks
Country or region Securities firm
UK HSBC, Morgan Stanley, UBS, Smith & Williamson
Hong Kong HSBC, BNP Paribas, Credit Suisse
Singapore HSBC, Phillip Securities, Kim Eng Securities
Japan Okasan, Aizawa, SBI

Process

  • Brokerage firm: MLPF&S with affiliate Merrill Lynch International (MLID Seoul)

These procedures and requirements for Merrill Lynch, Pierce, Fenner & Smith Incorporated are not intended to be a solicitation or recommendation to purchase or sell Samsung Electronics securities.

How to Buy Samsung Stock

Samsung phones, TVs, laptops and appliances are easy to find and purchase right here in the USA.

Samsung stock, not so much: Because it’s a foreign company, American investors can’t buy Samsung stock shares the way they typically buy stock — through major U.S. exchanges like the Nasdaq and NYSE. Instead, individual shares of Samsung stock must be purchased either over-the-counter as a “pink sheet” stock — which means your purchase isn’t regulated — or on the Korea Exchange (KRX), which entails opening a South Korean brokerage account.

If neither of those sound appealing, there’s a third, easier way: Buy Samsung stock through an exchange-traded fund, which may offer additional benefits over simply buying the stock alone.

Buying Samsung stock in an ETF

For U.S. investors, the easiest and most cost-efficient path to Samsung stock ownership is to buy shares in a South Korea-focused exchange-traded fund. Like a mutual fund, an ETF is a single investment that holds a variety pack of stocks that all share some common trait, such as industry type, market cap or country of origin.

There is a handful of ETFs that count Samsung among their major holdings, including iShares MSCI South Korea ETF (which trades by the ticker symbol EWY), Xtrackers MSCI South Korea Hedged Equity Fund (DBKO) and Franklin FTSE South Korea ETF (FLKR).

» Interested in one of these funds? You can buy them through a broker that offers ETFs.

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Even though Samsung is just one of many stocks held in these ETFs, your exposure to the company isn’t as watered down as you might think: In the ETFs above, the company makes up 18% to 22% of each fund’s total value.

5 steps to buying Samsung stock

If Samsung stock were as simple to purchase as, say, its archrival Apple, we’d simply point you this brief guide on how to buy a stock and call it a day.

But there are a few nuanced differences between buying Apple stock and buying Samsung stock — or rather, exposure to Samsung stock.

1. Understand the differences between an ETF and a stock

Although ETFs trade just like stocks via individual shares, their mutual fund-like traits require taking a slightly different approach to analyzing whether they should have a place in your portfolio.

Because the holdings are curated, there is a management fee, which is called an expense ratio, to consider and compare to the competition. The ETFs above currently charge expense ratios that range from 0.09% (Franklin FTSE) to 0.62% (iShares MSCI).

Also, take a look at the ETF’s holdings to be sure that the investments adhere to your investment objective. In this case, check that the Korea-focused ETF you choose has a meaningful weighting in Samsung stock. Here’s more on how ETFs work.

A lot of this research is easy to do via your brokerage’s website, which brings us to the next step …

2. Pick an investment account

If you don’t already have a brokerage account, you’ll need to open one. Although ETFs are standard fare among online discount brokers, trading commissions and ETF offerings vary by provider. It’s also worthwhile to check that a broker carries or provides access to any specific ETFs you’re after. (See our analysis of the best brokers for ETF investing for some suggestions. Some of the winners from that analysis are also highlighted below.)

How to buy Samsung shares | 958$

Own Samsung shares in just a few minutes.

Last updated: 16 February 2020

Share

How to buy shares in Samsung

  1. Choose a share-dealing platform. If you’re a beginner, our table below can help you choose.
  2. Open your account. You’ll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You’ll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: SMSN in this case.
  5. Research Samsung shares. The platform should provide the latest information available.
  6. Buy your Samsung shares. It’s that simple.

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Open 957$ Previous close 925$
High 965$ Change 33$
Low 931.5$ Change % 3.568%
Close 958$ Timestamp 2020-04-02
Volume 17016 GMT offset 0
Industry Other Currency symbol $
Code SMSN Country name UK
Type Common Stock Country ISO UK
Name Samsung Electronics Co., Ltd ISIN N/A
Exchange LSE CUSIP N/A
Currency code USD Sector Other
Currency name US Dollar Full-time employees 0

Samsung share price

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This is not a recommendation, it represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

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