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Samsung Electroncis to Announce More than $72 Billion Shareholder Return Programme: Report
The plan would direct about half of free cash flow to dividends and other returns as Samsung seeks to share AI chip profits.
- Samsung Electronics is set to announce a new shareholder return policy later this month worth more than 100 trillion won, as the company plans to share record profits amid an AI-driven chip supercycle.
- Surging demand for high-bandwidth memory chips to power data centers has strengthened balance sheets, prompting investors to seek returns amid concerns over the durability of the AI spending boom.
- On Wednesday, local rival SK Hynix unveiled a 40 trillion won share buyback and cancellation plan, the largest shareholder return program announced by a publicly listed South Korean company.
- Samsung plans to spend 50% of its free cash flow on the new program, with the company expected to finalize details following a board meeting scheduled for the end of August.
- JPMorgan Chase noted SK Hynix could follow up with additional returns worth at least $170 billion, as investors questioned whether the AI hardware spending surge will sustain long-term.
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(Seoul = Yonhap News) Reporter Cho Seong-heum = Speculation is mounting that Samsung Electronics will soon announce a shareholder return policy worth over 100 trillion won, the largest in domestic history.
·Seoul, Korea (the Republic of)
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Coverage Details
Total News Sources23
Leaning Left0Leaning Right8Center5Last UpdatedBias Distribution62% Right
Bias Distribution
- 62% of the sources lean Right
62% Right
C 38%
R 62%
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