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Explained: Why Samsung shares tanked 8% while rival SK Hynix traded higher on Monday
Samsung Electronics shares fell 8% after its record $79 billion shareholder-return plan disappointed investors. The company plans to return 90 trillion won to 110 trillion won this year, including 30 trillion won in Q3 cash dividends. While the payout is five times its 2020 record, analysts said it fell short of expectations and lacked clarity on buybacks.
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tipranks.com
Samsung to announce shareholder return package of up to $79B, Bloomberg says
Samsung (SSNLF) Electronics is expected to hold a board meeting and disclose the details of a shareholder return program that could be worth as ...
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koreatimes.co.kr
Samsung Electronics likely to announce $72.4 bil. shareholder returns: sources - The Korea Times
Samsung Electronics is poised to return at least 100 trillion won ($72.4 billion) to shareholders, industry sources said Friday, following a simila...
