Samsung may unveil new shareholder return plan within weeks, with buybacks and cancellations seen first

Samsung Electronics could announce a new shareholder return plan in the coming weeks, according to a post on X by Citrini analyst jukan, who cited expectations from South Korean brokerage Meritz Securities. The brokerage expects Samsung to restart an “early execution plan” for the first time in a decade, with a scale that could be comparable to the company’s aggressive 2017 shareholder return program. The expected package would include higher dividends, a change in how free cash flow is calculated by excluding deductions for M&A spending, and a full return of 50% of free cash flow. Jukan also said Samsung agrees with the view that the recent drop in its share price has left the stock undervalued. Based on that view, Meritz Securities expects Samsung to move first on share buybacks and share cancellations as steps aimed at boosting shareholder value. The timeline mentioned in the post points to a possible announcement within the next several weeks.