Samsung Electronics shares fall after shareholder return announcement

Samsung Electronics shares fall after shareholder return announcement

The Star Online - Tech·2026-08-24 11:00

SEOUL, Aug 24 (Reuters) - ⁠Shares of Samsung Electronics fell 8% in ⁠early trade on Monday, after the South ‌Korean chipmaker said last week its shareholder returns this year could reach up to 110 trillion won ($79.4 billion).

Rival chipmaker SK ​Hynix was up 0.4%. The ⁠benchmark KOSPI index ⁠fell 1.5%.

Samsung said on Friday that this year's shareholder ⁠returns ‌would be over five times the size of the previous high of 20.3 ⁠trillion won in 2020, and that they ​would include ‌30 trillion won in cash dividends in ⁠the third ​quarter.

However, analysts said the projected returns were smaller than they had anticipated and that they had expected ⁠more details on the buyback ​plans.

"Unlike SK Hynix, Samsung Electronics did not mention the possibility of raising its existing shareholder return policy, ⁠nor did it announce a plan to cancel treasury shares that could more directly contribute to the stock price increase, which is disappointing," Sohn ​In-joon, an analyst at Eugene ⁠Securities, said in a report.

"However, it is expected ​that gradual additional shareholder return ‌announcements will meet market expectations."

($1=1,385.7800 ​won)

(Reporting by Jihoon Lee and Hyunjoo Jin; Editing by Clarence Fernandez and Stephen Coates)

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