Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback
Samsung Electronics plans shareholder returns totaling 90 trillion won to 110 trillion won, including about 30 trillion won in third-quarter cash dividends.
TL;DR
- Samsung Electronics expects shareholder returns to reach 90-110 trillion won ($65.1-$79.52 billion) by 2026.
- The company will pay about 30 trillion won in cash dividends in the third quarter.
- Details for the remaining shareholder returns will be decided in January 2027, potentially including cash dividends and share buybacks.
- This announcement follows SK Hynix's 40 trillion won share buyback.
- Samsung aims to catch up with SK Hynix in high-bandwidth memory chips for AI systems.