Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback

Samsung Electronics has announced plans to return 90 trillion to 110 trillion won to shareholders, equivalent to $65 billion to $79.5 billion. This amount includes around 30 trillion won in cash dividends for the third quarter. The company will consider cash dividends, share buybacks, and share cancellations for the remaining payouts, with a decision to be made in January 2027.

The plans are part of Samsung's three-year shareholder-return policy for 2024-26, which aims to return 50 percent of its free cash flow to shareholders. According to The Korea Times, Samsung may return at least 100 trillion won, or $72.4 billion, to shareholders.

The company's second-quarter net profit jumped nearly 1,300 percent to 90 trillion won from a year earlier, driven by strong demand for semiconductors. Samsung's board will decide on the remaining payouts in January 2027.

Brief written by urgent.news from CNBC Technology, Channel News Asia, CNA - Business, The Korea Times — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.