Samsung, SK Hynix signal stronger shareholder returns

Aug 5 : Samsung Electronics is exploring ways to enhance shareholder returns in a "sustainable manner," the South Korean company said in a statement to Reuters on Wednesday, adding that it expects to share details "very soon.""While we remain focused on maintaining a healthy balance sheet to manage cyclical risks and fund growth initiatives, we are also exploring ways to enhance shareholder returns in a sustainable manner," the statement said.Its cross-town rival SK Hynix also said in a separate statement to Reuters that the company is preparing concrete shareholder return plans by the end of the year and expects to "meaningfully expand shareholder returns." "Based on record-high cash generation capabilities, the company believes that it can meaningfully expand shareholder returns, while m