Samsung and SK hynix plan large shareholder returns

Technology

The Korea Times

Analysts and market estimates say Samsung Electronics and SK hynix could together return up to 300 trillion won to shareholders, driven by record second-quarter operating profits of 89.5 trillion won at Samsung and 60.5 trillion won at SK hynix. Both companies have pledged to allocate roughly 50 percent of free cash flow under multi-year policies, which analysts say could leave Samsung with about 200 trillion won and SK hynix with about 100 trillion won for buybacks, cancellations or special dividends. The potential payouts are seen as a test for the wider Korean market and could lift investor sentiment amid growing global semiconductor cash returns.

Analysts estimate up to 300 trillion won could be returned to shareholders.