{"id":744667,"date":"2026-08-21T14:40:27","date_gmt":"2026-08-21T11:40:27","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/samsung-approves-a-record-80bn-shareholder-return-and-the-stock-falls\/"},"modified":"2026-08-21T14:40:27","modified_gmt":"2026-08-21T11:40:27","slug":"samsung-approves-a-record-80bn-shareholder-return-and-the-stock-falls","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/samsung-approves-a-record-80bn-shareholder-return-and-the-stock-falls\/","title":{"rendered":"Samsung approves a record $80bn shareholder return, and the stock falls"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6af6c8ee3239b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6af6c8ee3239b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/samsung-approves-a-record-80bn-shareholder-return-and-the-stock-falls\/#Why_a_record_disappointed\" >Why a record disappointed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/samsung-approves-a-record-80bn-shareholder-return-and-the-stock-falls\/#The_line_the_filing_left_out\" >The line the filing left out<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/samsung-approves-a-record-80bn-shareholder-return-and-the-stock-falls\/#It_beats_a_record_set_48_hours_earlier\" >It beats a record set 48 hours earlier<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/samsung-approves-a-record-80bn-shareholder-return-and-the-stock-falls\/#What_is_paying_for_it\" >What is paying for it<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/samsung-approves-a-record-80bn-shareholder-return-and-the-stock-falls\/#A_test_for_the_Korean_market\" >A test for the Korean market<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/media.thenextweb.com\/2026\/08\/Samsung-Corporate-CES-2026.avif\" \/><\/p>\n<div id=\"article-main-content\">\n<p>Samsung Electronics <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roved the largest shareholder return in South Korean corporate history on Friday. Its shares then fell as much as 2.6% in post-market trading.<\/p>\n<p>The board signed off on a Samsung shareholder return of between 90 trillion and 110 trillion won for 2026. That is roughly $65bn to $80bn. It is about five times the company\u2019s previous record of 20.3 trillion won, set in 2020. Samsung called it <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/news.samsung.com\/global\/samsung-electronics-to-implement-largest-ever-shareholder-return-in-2026-estimated-at-krw-90-to-110-trillion\" target=\"_blank\" rel=\"nofollow noopener\">the largest ever<\/a> by a Korean company.<\/p>\n<p>About 30 trillion won goes out as cash dividends in the third quarter, including the regular payout. The detail gets fixed at an October board meeting. The board separately approved a buyback of roughly 15 trillion won of stock for employee compensation, which it says should also lift shareholder value.<\/p>\n<p>Samsung framed the whole thing as a virtuous cycle, in which corporate growth and shareholder value reinforce one another. Investors read the filing rather differently.<\/p>\n<p>Everything else waits until January.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_a_record_disappointed\"><\/span>Why a record disappointed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors had been expecting more, and had said so.<\/p>\n<p>\u201cSome investors have recently expected up to 150 trillion won of shareholder returns, which explains the post-market share\u201d move, Kim Minji told <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-08-20\/samsung-plans-as-much-as-79-billion-in-shareholder-returns\" target=\"_blank\" rel=\"nofollow noopener\">Bloomberg<\/a>. She is a portfolio manager at Must Asset Management. Samsung\u2019s preferred shares had surged more than 8% earlier that day on expectations of a bigger figure.<\/p>\n<p>The comparison Samsung invites also cuts against it. Apple authorised $110bn of buybacks in 2024, the largest in US history. Samsung\u2019s entire programme, at the top of its range, is worth about $80bn. This is a Korean record, not a global one.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_line_the_filing_left_out\"><\/span>The line the filing left out<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The bigger complaint is structural. Samsung did not say how much of the money goes to buybacks and cancellations, and how much goes to dividends.<\/p>\n<p>That distinction is not cosmetic. A buyback followed by cancellation permanently removes shares and lifts earnings per share for everyone left. A dividend is cash out of the door, taxed on receipt, with the share count unchanged.<\/p>\n<p>\u201cThe real question is how much is incremental and how much comes through buybacks versus dividends,\u201d said Albert Yong, managing partner and chief investment officer at Petra Capital Management.<\/p>\n<p>Jung In Yun, chief executive of Fibonacci Asset Management Global, put it in similar terms. \u201cThe key question for investors will now be how the remaining capital is returned, rather than just the headline amount,\u201d he said, adding that the market will focus on the split between buybacks and special dividends.<\/p>\n<p>Samsung says the remainder will be settled at a January 2027 board meeting, once the 2026 numbers are final. Investors have been given a total and a timetable, and not much else.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"It_beats_a_record_set_48_hours_earlier\"><\/span>It beats a record set 48 hours earlier<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The announcement caps a remarkable week for Korean chipmakers returning cash.<\/p>\n<p>SK Hynix disclosed a 40 trillion won buyback on Wednesday, worth about $28.6bn, which was itself described as the biggest repurchase in Korean corporate history. Samsung\u2019s programme is more than twice that at the low end of its range. The company had signalled additional returns earlier in the month as high-bandwidth memory profits accumulated.<\/p>\n<p>Pressure ran in one direction. SK Hynix moved first, Samsung\u2019s reserves were already the subject of shareholder complaint, and the stock rose through the week in anticipation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_paying_for_it\"><\/span>What is paying for it<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The money comes from memory. Samsung\u2019s stock is up around 135% this year, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/08\/21\/samsung-shareholder-return-package-sk-hynix-buyback-ai-chip-boom.html\" target=\"_blank\" rel=\"nofollow noopener\">CNBC\u2019s Jenny Lee<\/a>, on demand for the chips that feed AI systems.<\/p>\n<p>Samsung has been monetising that boom from several directions at once. It raised foundry prices by up to 15% for new orders this week, with Chinese customers facing the steepest increases. Its rival has been spending rather than returning, committing to $720bn of memory fabs at Yongin.<\/p>\n<p>There is a competitive wrinkle in that. Samsung is still working to catch SK Hynix in high-bandwidth memory, the part of the market that matters most to AI buyers. It is handing back a record sum while trailing its neighbour in the segment driving the profits.<\/p>\n<p>The return also sits inside a policy Samsung set in 2024, promising half of its free cash flow to shareholders across three years. On the company\u2019s own figures, 2024 and 2025 produced 19.6 trillion won of regular dividends, a 1.3 trillion won special dividend, and 8.4 trillion won of buybacks for cancellation. Add 2026 and the three-year total lands between 120 trillion and 140 trillion won.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_test_for_the_Korean_market\"><\/span>A test for the Korean market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The wider significance of the Samsung shareholder return is about governance rather than chips.<\/p>\n<p>Korean companies have long traded at a discount attributed to shareholder treatment. Two of the country\u2019s largest firms have now committed unprecedented sums within a single week. Korean chip stocks have also become an opening bell for global markets, so the signal <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a>s.<\/p>\n<p>\u201cThis could help spark a broader structural change across the Korean stock market,\u201d said Tom Kang, research director at Counterpoint. \u201cWe see this as a solid step toward a more shareholder-focused style of management, much closer to what you typically see in the US market.\u201d<\/p>\n<p>Albert Yong noted that Samsung\u2019s preferred shares have traded at \u201ca significant discount\u201d, which is the discount in question made concrete. The won strengthened by as much as 1% on Friday.<\/p>\n<p>The counter-argument is that a headline number without a structure is not yet a governance change. Samsung has committed the cash. It has not committed to the mechanism, and the mechanism is what determines whether the share count falls or the money simply passes through.<\/p>\n<p>That answer arrives at the January board meeting. Until then, the largest shareholder return in Korean history is a range, a date, and an argument about the half of it nobody has seen.<\/p>\n<\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/samsung-shareholder-return-110-trillion-won-record\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung Electronics approved the largest shareholder return in South Korean corporate history on Friday. Its shares then fell as much as 2.6% in post-market trading. The board signed off on a Samsung shareholder return of between 90 trillion and 110 trillion won for 2026. That is roughly $65bn to $80bn. It is about five times&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-744667","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/744667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=744667"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/744667\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=744667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=744667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=744667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}