Samsung Weighs Preferred Share Buyback Amid 110 Trillion Won Return Plan
Samsung Electronics announced a shareholder return plan of up to 110 trillion won (~$81.44 billion), with about 70 trillion won in dividends and 40 trillion won for buybacks. Ownership rules limiting financial affiliates to 10% of non-financial shares may push Samsung toward buying back preferred shares instead of common stock.
- Shareholder return plan totals up to 110 trillion won (~$81.44 billion)
- About 70 trillion won for dividends, 40 trillion won for buybacks
- Financial affiliates barred from holding over 10% of non-financial shares
- Life Asset Management urges preferred share buybacks
Read next
Business