Samsung to Announce Shareholder Return Plan, Potentially Reaching $79 Billion

Odaily News, sources familiar with the matter revealed that Samsung Electronics will announce a new shareholder return plan on Friday, with a size potentially reaching 110 trillion Korean won ($79 billion). The sources said the Samsung board is scheduled to meet after the Korean stock market closes, around 4 p.m. local time, with details of the plan to be published shortly after the meeting. According to the sources, the shareholder return plan is expected to range between 90 trillion and 110 trillion Korean won. (Jin Shi)