Samsung weighs shareholder return package worth up to $79 billion
What's next: The board was set to meet after Friday's market close, with investors watching the split between buybacks and dividends.
Samsung Electronics is preparing to consider a shareholder return package worth 90 trillion won to 110 trillion won, or as much as $79 billion, in what would rank among its biggest capital return moves. A board meeting was scheduled for about 4 p.m. Friday in Seoul after the Korean stock market closed, with details expected soon afterward. Investors are focused on how Samsung would divide the package between dividends and share buybacks, and over what period it would be carried out. The move comes as South Korean chipmakers face pressure to return more cash after a surge in semiconductor profits tied to global demand for AI-related chips. Rival SK Hynix this week set out its own large buyback and payout plans.