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Samsung Electronics plans to return a record amount to shareholders, with reports putting the package at roughly 110 trillion Korean won, or about 70 billion euros. The board was set to discuss the huge shareholder return package on Friday. The payout includes what would be Samsung's biggest-ever buyback, driven by an AI windfall. One report describes the record return as reflecting pressure from the AI boom.
by WorldBrief & Maksim Micheliov | AI-generated summary
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