USSTOCK.TODAY
Pre-Market
Log in Sign up

Samsung Electronics expected to unveil shareholder return program worth over 100 trillion won by end of this month

Reuters +6 ·

SKHY SK Hynix Inc ADR
$182.56 -6.39%
View chart & analysis →
  1. 1Samsung Electronics (005930.KS) is set to announce a shareholder return policy worth more than 100 trillion won (US$71.75 billion) by the end of this month, according to media reports.
  2. 2The board of directors is expected to approve the return plan—including a special dividend—at the end of this month, with 50% of free cash flow allocated to the new program.
  3. 3The plan will share record profits driven by the AI-led chip supercycle with shareholders, and SK Hynix (SKHY) has also disclosed a 40 trillion won share buyback and cancellation program.

Source Reuters +6 · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →