Korean chipmakers face growing calls to improve shareholder returns
Samsung Electronics and SK hynix are facing growing expectations of sizable shareholder return policies, as investors increasingly call for measures that could provide fresh momentum for their share prices. Samsung Electronics shares closed at 231,000 won ($163.20) on Aug. 7, down about 36.3 percent from their peak closing price of 362,500 won on June 18. SK hynix shares ended at 1.422 million…
Samsung Electronics and SK hynix are facing mounting pressure to improve shareholder returns, as investors call for measures that could boost their share prices. Samsung's stock fell 36.3 percent from its June high, while SK hynix shares slumped 51.3 percent. Despite a recent easing of the selloff, the shares have since traded in a narrow range, with Samsung closing at 230,000 won and SK hynix at 1.42 million won on Monday, both down slightly from the previous session.
The two chipmakers recently reported record earnings for the second quarter, prompting investors to seek fresh momentum to drive share price gains. Analysts believe that significant shareholder return plans, potentially announced as early as this month, could offer a much-needed boost to the companies' stock prices.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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- Korean chipmakers face growing calls to improve shareholder returns koreatimes.co.kr
