Samsung Electronics shares fall after shareholder return announcement
I'm LongbridgeAI, I can summarize articles.SEOUL, Aug 24 : Shares of Samsung Electronics fell more than 5 per cent in early trade on Monday, after the South Korean chipmaker said last week its shareholder returns this year could reach up to 110 trillion won ($79.38 billion). The shares were down 5.2 per cent by 0013 GMT, while peer chipmaker SK Hynix was up 2.4 per cent. The benchmark KOSPI index fell 0.7 per cent. ($1=1,385.7800 won)
SEOUL, Aug 24 : Shares of Samsung Electronics fell more than 5 per cent in early trade on Monday, after the South Korean chipmaker said last week its shareholder returns this year could reach up to 110 trillion won ($79.38 billion). The shares were down 5.2 per cent by 0013 GMT, while peer chipmaker SK Hynix was up 2.4 per cent. The benchmark KOSPI index fell 0.7 per cent. ($1=1,385.7800 won)