The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 30, 2026. South Korean technology giant Samsung Electronics posted on July 30, a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. (Photo by Jung Yeon-je \/ AFP via Getty Images)<\/p>\n
Jung Yeon-je | Afp | Getty Images<\/p>\n
Samsung Electronics has announced a shareholder return package, marking a blockbuster week for shareholder returns among South Korea’s chip giants following SK Hynix’s share buyback.<\/p>\n
The company announced Friday that it expects shareholder returns to total between 90 trillion won and 110 trillion won ($65.1 billion to $79.52 billion) in 2026.<\/p>\n
Samsung said it was “the largest ever by a Korean company.”<\/p>\n
The company has been seeking to catch up with its domestic rival SK Hynix in high-bandwidth memory chips used in AI systems. The stock is up around 135% year-to-date.<\/p>\n
The company also announced it would pay around 30 trillion won in cash dividends in the third quarter, including its regular quarterly dividend.\u00a0<\/p>\n
Details of the payout will be finalized at a board meeting in late October, the company said.<\/p>\n
Samsung’s announcement\u00a0comes just days after SK Hynix announced<\/a> a 40 trillion won share buyback.<\/p>\n Samsung said it will decide the size and details of the remaining shareholder returns at a board meeting in late January 2027, considering a combination of cash dividends and share buybacks and cancellations.<\/p>\n Friday’s announcement follows Samsung’s 2024-2026 shareholder return program<\/a>, under which the company pledged to return 50% of free cash flow generated between 2024 and 2026 while maintaining annual regular dividends of 9.8 trillion won.\u00a0<\/p>\n In a corporate value enhancement plan released<\/a> in March, Samsung said it paid 20.9 trillion won in cash dividends in 2024 and 2025 and spent 8.4 trillion won on share repurchases for cancellation.<\/p>\n