Samsung Electronics sets up to $80 billion shareholder return program after SK Hynix buyback
A shareholder return program of 90 trillion won to 110 trillion won, equivalent to up to $80 billion, is in focus at Samsung Electronics ($SSNLF), with about 30 trillion won earmarked for third-quarter cash dividends.…
Key takeaways
- Samsung Electronics is in focus for a shareholder return program of 90 trillion to 110 trillion won, equivalent to up to $80 billion.
- About 30 trillion won is earmarked for third-quarter cash dividends, the nearest scheduled component of the program.
- The program's ceiling sits at 110 trillion won.
- The announcement follows an SK Hynix buyback that drew attention to capital return programs across the memory sector.
- How Samsung structures the capital above the Q3 dividend is the key thing to watch.
A shareholder return program of 90 trillion won to 110 trillion won, equivalent to up to $80 billion, is in focus at Samsung Electronics ($SSNLF), with about 30 trillion won earmarked for third-quarter cash dividends. The announcement follows an SK Hynix buyback that drew attention to capital return programs across the memory sector.
The Q3 payout of approximately 30 trillion won is the nearest scheduled component and the first figure the market can measure against the broader program. The ceiling sits at 110 trillion won. How Samsung structures the capital above the third-quarter dividend is what to watch.