Business & Finance
Samsung Electronics shares fall after shareholder return announcement
Key Points
Samsung Electronics shares fall after shareholder return announcement SEOUL, Aug 24 : Shares of Samsung Electronics fell more than 5 per cent in early trade on Monday, after the South Korean chipmaker said last week its shareholder returns this year could reach up to 110 trillion won ($79.38 billion). The shares were down 5.2 per cent by 0013 GMT, while peer chipmaker SK Hynix was up 2.4 per cent. The benchmark KOSPI index fell 0.7 per cent.
Samsung Electronics shares fall after shareholder return announcement
SEOUL, Aug 24 : Shares of Samsung Electronics fell more than 5 per cent in early trade on Monday, after the South Korean chipmaker said last week its shareholder returns this year could reach up to 110 trillion won ($79.38 billion).
The shares were down 5.2 per cent by 0013 GMT, while peer chipmaker SK Hynix was up 2.4 per cent. The benchmark KOSPI index fell 0.7 per cent.
($1=1,385.7800 won)
Source: Reuters