Days after SK Hynix unveiled a staggering 40 trillion won, or $28.6 billion, "buyback bazooka" aimed at putting a floor under its shares following a sharp six-week selloff, Samsung Electronics joined the capital-return push.
The world's largest memory-chip maker said Friday that it plans to return as much as 110 trillion won, or $80 billion, to investors this year. The twin announcements suggest the world's top memory companies are trying to support higher valuations and reward shareholders after memory stocks surrendered some of their blistering first-half gains.
Bloomberg reports that Samsung intends to distribute roughly half of its free cash flow, including 30 trillion won in third-quarter dividends and about 15 trillion won in share repurchases for employee compensation.
Macquarie analyst Daniel Kim summarized Samsung's capital-return announcement:
What's new
- Samsung Electronics (SEC) updated its much-anticipated shareholder return program today after the market close. There was no change in the committed return of 50% of cumulative FCF from 2024-26.
- Its BoD is meeting in October to confirm the earlier distribution of promised FCF. So, the 3Q26 quarterly cash dividend payment should amount to Won30tr, including the regular quarterly cash dividend of Won2.45tr.
- In late January 2027, the company should determine the
