Samsung Expects $80 Billion in Shareholder Returns This Year – CEO NA Magazine
14 Articles
14 Articles
South Korean multinational will invest 80 billion on its shares, 21 more in dividends
(Seoul = Yonhap News) Reporter Lim Eun-jin = The KOSPI rose slightly on the 21st on expectations of large-scale shareholder returns by Samsung Electronics [005930], despite the burden of a rebound in U.S. Treasury yields...
The KOSPI index, which opened lower on the 21st, rebounded during the session to close at the 6,910 level. Although U.S. stock markets fell across the board the previous day, Samsung Group stocks rose uniformly on expectations that Samsung Electronics would soon announce a large-scale shareholder return plan. The KOSPI index finished the session at 6,912.95, up 60.37 points (0.88%) from the previous trading day. The index started at 6,759.95, do…
Samsung Electronics Closes Surging 3.9% on Expectations of Shareholder returns... Hynix Also up 2.3%
Reporters Hwang Cheol-hwan and Kim Yu-hyang = Samsung Electronics and SK Hynix started lower on the 21st but reversed course to rise, closing regular trading with gains in the 3% and 2% range, respectively. On the KOSPI market today, Samsung Electronics rose 3.87% from the previous close to 281,000
[Digital Daily Reporter Kang Ki-hoon] Samsung Electronics unveiled a shareholder return plan worth up to 110 trillion won, but its stock price actually fell immediately after the announcement. During regular trading, the stock surged nearly 4% on the back of expectations for large-scale shareholder returns, but it is interpreted that profit-taking selling pressure emerged once the specific details of the plan were revealed. According to the Kor…
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