Samsung Electronics is expected to announce on Friday, August 22, during a board meeting in Seoul, a shareholder return program potentially worth up to 110 trillion won, approximately $79 billion. This record amount includes a special dividend alongside a formal commitment to redistribute 50% of its free cash flow to shareholders. This generosity is explained by record profits generated by demand for high-bandwidth memory and advanced DRAM chips used in large language models and GPU clusters. South Korean rival SK Hynix has also announced its own 40 trillion won share buyback plan.
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