Samsung Electroncis to Announce More than $72 Billion Shareholder Return Programme: Report
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Samsung Electroncis to announce more than $72 billion shareholder return programme, media reports
Samsung Planning Shareholder Return of $72 Billion, Report Says
Samsung Electronics Co. and SK Hynix Inc. are preparing record shareholder returns after investors sent their stocks tumbling over concerns around the sustainability of AI hardware spending.
Samsung Electroncis to announce more than $72 billion shareholder return programme: Report
Samsung Electronics plans a shareholder return policy exceeding one hundred trillion won. This significant announcement follows record profits driven by an AI chip supercycle. The company will allocate fifty percent of its free cash flow to this new program. This move comes after rival SK Hynix unveiled a forty trillion won share buyback. Samsung will hold a board meeting later this month to approve the plan.
Samsung Electronics to announce more than $72 billion shareholder return programme
SEOUL: Samsung Electronics is set to announce a new shareholder return policy later this month worth more than 100 trillion won ($71.75 billion), media reported on Thursday, as the company plans to share record profits with shareholders amid an AI-driven chip supercycle.The South Korean memory-chip maker will hold a board meeting at the end of August to approve a shareholder return plan that includes a special dividend, MoneyToday reported,…
Samsung planning shareholder return of US$72 bil
Samsung Electronics Co is planning to announce a shareholder return plan topping 100 trillion won (US$72 billion or RM290 billion), MoneyToday reported citing unidentified industry officials, a day after rival SK Hynix Inc announced a record stock buy-back.
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