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Samsung Electronics Co. Ld — Regulatory Filings 2021
Jan 28, 2021
10553_sr_2021-01-28_9e1007b8-2ea3-45b3-bdf2-ec7b694eb3e2.html
Regulatory Filings
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RNS Number : 2133N
Samsung Electronics Co. Ld
28 January 2021
Shareholder Return Program for FY2021-2023
The Board of Directors of Samsung Electronics Co., Ltd. ("SEC") (KS005930, KS005935, SMSN, SMSD) on January 28, 2021 authorized the following shareholder return program for FY2021-2023.
· SEC will return 50% of the free cash flow for the three-year term
from 2021 to 2023 to shareholders.
· SEC decided to increase the regular dividend from an annual total of
approximately 9.6 trillion won in 2018-2020 to approximately 9.8 trillion won
in 2021-2023.
· SEC will additionally return any remaining portion of the 50% of free cash flow
for the three-year term after paying out regular dividends.
Also, we will share the annual free cash flow at the close of each year's results.
If a meaningful amount of remaining portion has been generated, we will consider
returning part of it every year.
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