Samsung unveils $80M shareholder return
Samsung Electronics announced a plan to enhance shareholder returns, with an expected total value ranging between 90 trillion and 110 trillion won (approximately $65.1 billion to $79.52 billion) by 2026. This represents the largest payout package ever offered by a South Korean company. The plan includes distributing about 30 trillion won in cash dividends during the third quarter of the year, along with considering a combination of dividend payouts, share buybacks, and cancellations, with final details to be determined at a board meeting in late October and late January 2027. These actions follow SK Hynix's announcement of a 40 trillion won share buyback plan, as companies compete to boost shareholder value. Samsung aims to maintain its commitment to returning 50% of free cash flow to shareholders between 2024 and 2026, while continuing to provide regular annual dividends.
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