South Korean technology giant Samsung Electronics has announced plans to return between 90 trillion and 110 trillion won (about $80 billion) to shareholders in 2026, including a major share buyback programme.
The company said its board approved the shareholder-return plan on Friday, describing it as a way to ensure that shareholders benefit directly from Samsung’s growth.
Samsung will first pay approximately 30 trillion won in cash dividends in the third quarter, with the final details expected to be approved at a board meeting in late October.
The announcement follows rival chipmaker SK hynix’s $28.9 billion share buyback plan, which was unveiled on Wednesday and helped push its shares up 12 percent the following day.
Samsung shares have also gained significantly this year, reaching a record 370,000 won in June before falling amid concerns over a broader technology-sector sell-off. The shares were trading around 279,000 won on Friday and closed 3.9 percent higher.
The company’s strong performance has been driven largely by booming demand for advanced chips used in artificial intelligence systems. Samsung reported last month that its second-quarter operating profit jumped by more than 1,800 percent year-on-year.
Samsung has around 8 million minority shareholders, representing nearly one-fifth of South Korea’s adult population.
The company’s strong chip performance, together with gains at SK hynix, helped push South Korea’s benchmark Kospi index above 9,000 points in June before the technology-sector downturn caused it to retreat.
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