Eye-catching shareholder-return plans from Samsung Electronics and SK Hynix are providing an early test of South Korea’s efforts to improve corporate valuations. Investors welcome the payouts but say more needs to be done to close the country’s long-standing valuation gap, Reuters reported.
An artificial intelligence-driven boom has left South Korea’s two biggest companies flush with cash, increasing pressure from investors for larger returns. Their combined shareholder-return plans are worth more than 130 trillion won ($97 billion) this year alone, Reuters said in a report.
