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The South Korean chipmaker plans to spend 50% of its free cash flow on the programme, which would include a special dividend
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Samsung Electronics is set to announce a shareholder return programme worth more than 100 trillion won ($71.75 billion), according to Reuters, as the company looks to distribute record profits driven by AI-related chip demand.
According to Reuters, which cited MoneyToday's report based on unidentified industry sources, Samsung plans to convene a board meeting before the end of August to sign off on the programme. The programme will allocate 50% of Samsung's free cash flow and will include a special dividend. Samsung declined to comment on the reports.
