Announcement
Samsung Electronics Co., Ltd. saw its shares rise about 3% to 2,79,000 won by 04:07 GMT on Friday following media reports that the company is close to announcing a shareholder return programme valued at more than 100 trillion won (approximately US$72 billion). The board is scheduled to meet on Friday after market close to discuss the plan, which is expected to include a special dividend and to allocate roughly 50 % of the company’s free cash flow to shareholder returns.
Financial Context
Samsung reported a record second‑quarter operating profit in the previous month, driven by strong demand for memory chips used in artificial‑intelligence infrastructure. The firm’s existing policy already targets returning 50 % of free cash flow generated between 2024 and 2026 through regular dividends and additional capital returns when surplus cash permits.
Market Reaction
In the same session, rival SK Hynix Inc. (ticker 000660) gained 3.6 % after it announced a 40 trillion‑won share‑buyback and cancellation programme, having surged 12.7 % the day before.
Sources
The information was first reported by MoneyToday on Thursday and later echoed by Reuters and Investing.com. Samsung has not issued an official comment on the shareholder return programme.