Shares of Samsung Electronics fell 8% in early trade on Monday after the South Korean chipmaker’s record $79 billion shareholder-return plan fell short of investor expectations. Investors had been looking for a larger share of the company’s AI-driven cash windfall and greater clarity on its plans for share buybacks.
Samsung said on Friday that shareholder returns for this year would range between 90 trillion won and 110 trillion won ($65 billion to $80 billion), including 30 trillion won in cash dividends in the third quarter.
