Samsung unveils a $65.1B-$79.5B shareholder return package for 2026, combining dividends and share buybacks, calling it "the largest ever by a Korean company" (Jenny Lee/CNBC)
Samsung Electronics has announced a shareholder return package, marking a blockbuster week for shareholder returns …
Samsung Electronics has announced a shareholder return package worth 90 trillion to 110 trillion won, which is approximately $65.1 billion to $79.6 billion. This package combines dividends and share buybacks and is being touted as the largest ever by a Korean company. The company plans to pay around 30 trillion won in cash dividends in the third quarter, with the exact amount and terms to be finalized at a board meeting in late October.
The shareholder return package is part of Samsung's three-year policy from 2024 to 2026, which pledges to use 50 percent of its free cash flow for shareholder returns. According to Yonhap News, the total amount is nearly five times the company's previous annual record of 20.3 trillion won in 2020. The company also reported a significant jump in its second-quarter net profit, nearly 1,300 percent to 90 trillion won from a year earlier, driven by strong demand for semiconductors linked to artificial intelligence.
The scope and means for the remaining shareholder return will be confirmed at a board meeting in January, when the company's annual earnings are finalized. The company had previously set a regular annual dividend of 9.8 trillion won under its current three-year policy.
Brief written by urgent.news from Techmeme, The Korea Times, Yonhap News — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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