REG - Samsung Electronics - Shareholder Return Program for FY2024-2026

Samsung Electronics CoAnnouncement

31/01/2024 07:00

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RNS Number : 5033B  Samsung Electronics Co. Ld  31 January 2024

Shareholder Return Program for FY2024-2026

 

 

The Board of Directors of Samsung Electronics Co., Ltd. ("SEC") (KS005930,
KS005935, SMSN, SMSD) on January 31, 2024, authorized the following
shareholder return program for FY2024-2026.

 

· SEC will return 50% of the free cash flow for the three-year term from 2024
to 2026 to shareholders.

-    SEC will distribute 9.8 trillion won in regular dividends for each
year of the three-year term

-    SEC will return the remaining portion of the 50% of total free cash
flow for the three-year term if 50% of the term's total free cash flow is
greater than the term's total regular dividends.

 

· At the close of each year, we will consider executing an early return of
capital beyond regular dividends if we forecast there is potential for a
significant surplus.

 

· We will consider implementing a new policy flexibly before the expiration
of the proposed one in consideration of M&A activities and cash positions.

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