Citrini analyst Jukan said Samsung's shareholder return plan remains uncertain, prompting a conspiracy theory in South Korea that the controlling family is suppressing the share price for tax considerations.
Samsung Electronics did not announce a new shareholder returns plan in its latest earnings report, saying it would announce it at the end of January, with shares temporarily down 6.6%. Chip profits falling short of expectations and increased capital expenditure also put pressure on the market.
BlockBeats reported that SK SK hynix plans to add 50000000000000 to 60000000000000 KRW in shareholder returns, with the full-year total potentially reaching 90000000000000 to 100000000000000 KRW. The final plan is expected to be announced after October 28 the board resolution, together with the third-quarter results.