Samsung Electronics announced today your Shareholder Return Program for 2021-2023, following an in-depth review at the Board of Directors. In line with the Company’s shareholder return policy that specializes in dividends, the Board decided to the actual regular dividend payout while maintaining some sort of framework of the previous three-year tv show.
• Korean will continue to return 50 percent during the free cash flow (FCF) generated contained in the 2021 to 2023 period.
• The regular dividend will increase to an cash flow total of KRW 9. almost eight trillion for 2021-2023.
• As with the previous program, the Company will refund any remaining portion of the 50 % of FCF after dividend refund amounts.
• To enhance predictability, Samsung is able to share the annual FCF in late each year. If a significant amount of asked return has been generated, Samsung is likely to actively consider executing a portion of the usb ports at the close of each year’s good results.
As for the final program for 2018-2020, the Company reports it was committed to returning the remaining regarding 50 percent of FCF generated lady three-year period after KRW 35. 9 trillion in regular divisor payouts. Today, based on total FCF of KRW 79. 2 trillion generated in the 2018 to 2020 period, the Board approved a huge one-time special cash dividend concerning KRW 10. 7 trillion. To April, shareholders of record adjusted end of 2020 will receive KRW 1, 932 per common split and KRW 1, 933 for each preferred share, which includes the year-end regular dividend of KRW 354 per common share and KRW 355 per preferred share, immediately following approval in March at the once-a-year general meeting of shareholders.
Korean remains committed to delivering sustainable aktionär value and will continue to enhance lasting value creation.