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Samsung Electronics May Unveil About $71.9 Billion Shareholder Return Plan; Shares Surge Over 10%

Samsung Electronics May Unveil About $71.9 Billion Shareholder Return Plan; Shares Surge Over 10%

TradingKey – During the Asian trading session on August 20, market sources reported that Samsung Electronics plans to finalize and announce a shareholder return plan exceeding 100 trillion won (approximately $71.9 billion) following its board meeting this month.

Boosted by the news, Samsung Electronics’ stock price surged over 10% intraday. As of press time, Samsung shares were up 8.89% at 269,500 won, leading gains on South Korea’s KOSPI Index.

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[Source: TradingView]

According to media reports, the company plans to allocate half of its free cash flow to shareholder returns. Specific measures are expected to focus primarily on cash dividends, with additional return measures to be further evaluated based on future cash flow and…

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