Samsung Electronics shares fall more than 5% after shareholder payout announcement
Shares of South Korean chipmaker Samsung Electronics fell by more than 5% in early trading on Monday. This came after the company said last week that its shareholder payouts this year could reach 110 trillion won, or $79.38 billion. As of 00:13 GMT, Samsung Electronics shares were down 5.2%.
Shareholder payouts
Samsung Electronics reported a possible volume of shareholder payouts of up to 110 trillion won in 2026. The report cited an exchange rate of 1 U.S. dollar to 1,385.7800 won. The source did not provide additional details on the mechanism or components of these payouts.
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Trading in South Korea
Meanwhile, shares of another chipmaker, SK Hynix, rose by 2.4%. The benchmark KOSPI index was down 0.7% at the time. Trading developments in Seoul were reported by Channel NewsAsia, which published a Reuters report.
