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, citing unidentified people in the industry.Samsung will spend 50% of its free cash flow on the new programme, the report said.Local rival SK Hynix on Wednesday unveiled a 40 trillion won share buyback and cancellation plan, the largest shareholder return programme announced by a publicly listed South Korean company.SK Hynix, the world's second-largest memory-chip maker behind Samsung, also said it would allocate more than 50% of free cash flow generated between 2025 and 2027 to shareholder returns.Samsung declined to comment on the reports.
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.
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