Samsung Set to Announce Shareholder Return Plan, Potentially Up to $79 Billion

According to Jinshi, sources familiar with the matter revealed that Samsung Electronics will announce a new shareholder return plan on Friday, potentially reaching up to 110 trillion Korean won ($79 billion).

Sources said Samsung's board is scheduled to meet after the Korean stock market closes, around 4 p.m. local time, with details of the plan to be disclosed shortly after the meeting. According to the sources, the shareholder return plan is expected to range between 90 trillion and 110 trillion Korean won.

[ChainCatcher]