Samsung and SK hynix complete 55 trillion won in share buybacks

Samsung Electronics and SK hynix have finished share buybacks totaling 55 trillion won (about $41.5 billion), split 15 trillion and 40 trillion won respectively. The market now expects additional shareholder returns, including special dividends and share cancellations, in third-quarter earnings reports due late October.

• SK hynix bought back 24.07 million shares for 40 trillion won, finishing a month early
• Samsung repurchased about 15 trillion won (56.85 million shares) from Aug 24 to Oct 6
• Samsung plans up to 110 trillion won in total shareholder returns, including 70–80 trillion in dividends
• Samsung's Q3 operating profit reached 107.4 trillion won, a record for a Korean company