Samsung Electronics stock sank after its record shareholder return plan fell short

Investors had expected a larger buyback commitment, but Samsung's ownership structure complicated that path

Samsung Electronics stock had its worst day in three weeks on Monday as investors reacted to its shareholder return plan, souring the mood for other memory-chip making rivals.

Seoul stocks closed sharply lower Monday as disappointment over Samsung Electronics' shareholder return plan triggered a sell-off in semiconductors. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) dipped 215.99 points, or 3.12 percent, to 6,696.96. After opening lower,

SEOUL, Aug 24 : Shares of Samsung Electronics fell 8 per cent in early trade on Monday after the company’s record $79 billion shareholder-return plan disappointed investors who had expected a larger share of Samsung’s AI-fueled cash windfalls and greater clarity on share buybacks.The South Korean chipmaker said on Frid

Samsung Electronics shares skid as record shareholder returns disappoint  Reuters