Samsung Electronics (005930.KS) Stock: Surge as $80 Billion Return Plan Raises Stakes After SK Hynix Buyback Move

NewsFri, 21 Aug 2026 16:22:42 UTC1 hour ago
Samsung Electronics (005930.KS) Stock: Surge as $80 Billion Return Plan Raises Stakes After SK Hynix Buyback Move

TLDR

  • Samsung Electronics stock jumps 3.87% after unveiling record return plans.

  • Samsung targets up to $80 billion in shareholder returns during 2026.

  • The company plans about 30 trillion won in third-quarter cash dividends.

  • SK Hynix’s 40 trillion won buyback adds pressure across Korea’s chip sector.

  • Strong AI memory demand has sharply increased Samsung’s cash and chip profits.

Samsung Electronics (005930.KS) stock climbed 3.87% to ₩281,500 on Friday after the company outlined a record shareholder return plan. The package could reach 110 trillion won, or about $80 billion, during 2026. The move follows SK Hynix’s major buyback announcement and increases pressure across South Korea’s chip sector.



Samsung Electronics Co., Ltd., 005930.KS

Samsung Electronics Sets Record Shareholder Return Plan

Samsung expects total shareholder returns between 90 trillion won and 110 trillion won this year. The company described the program as the largest shareholder return package announced by a Korean company. Samsung also plans about 30 trillion won in third-quarter cash dividends.

… Continue reading the full article at the original source below.

Read from Source · coincentral.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).

Related