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Samsung shares slide 8% as payout plan disappoints
Samsung’s investor relations policy says shareholder returns are delivered through dividends and share repurchases, including treasury shares.
Eugene Securities analyst Sohn In-joon said Samsung did not mention the possibility of raising its existing shareholder-return policy or announce a plan to cancel treasury shares.
Rival chipmaker SK hynix rose 0.4%, while South Korea’s benchmark KOSPI index fell 1.5%.
Investor focus on treasury shares has increased as South Korea has tightened related rules.
🔗 Source: Reuters
Recent Samsung Electronics developments
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