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FinanceSamsung Electronics announced on Friday that its shareholder returns for 2026 could reach up to 110 trillion won ($79.54 billion), more than five times the previous high of 20.3 trillion won in 2020. The figure includes 30 trillion won in cash dividends for the third quarter. The announcement comes as the AI boom drives record chip profits, putting pressure on Samsung and rival SK Hynix to return gains to shareholders. Samsung also bought back 15 trillion won in shares for employee bonuses, with further payouts to be decided in January 2027. Samsung shares rose 3.5% on the news. Analysts noted the returns should support the share price, though some expected a larger buyback. SK Hynix separately announced a 40 trillion won buyback and cancellation plan. Combined, the two firms are projected to hold $263 billion in net cash by year-end, exceeding Nvidia and the other Magnificent Seven tech companies.
Yahoo FinanceWestern