Samsung Electroncis to announce more than $72 billion shareholder return programme, media reports
Samsung Electronics is preparing to unveil a substantial shareholder return scheme later this month, according to media reports on Thursday. The South Korean technology giant intends to distribute over 100 trillion won, equivalent to approximately $71.75 billion, to its shareholders, as the company anticipates sharing its record profits during an AI-driven chip supercycle.
The company's board is scheduled to convene at the end of August to approve a comprehensive shareholder return plan. This plan includes a special dividend, as confirmed by MoneyToday, which cited unnamed industry sources. Samsung plans to allocate 50% of its free cash flow towards this initiative.
In comparison, local competitor SK Hynix unveiled a 40 trillion won share buyback and cancellation plan on Wednesday, the largest shareholder return program announced by any publicly listed South Korean company. SK Hynix, the world's second-largest memory-chip manufacturer behind Samsung, also announced that it would dedicate more than 50% of the free cash flow generated between 2025 and 2027 to shareholder returns.
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