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Samsung Shares Slump as Investors Fret Over Delay in Return Plan
First reported by Bloomberg ·
The signal
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Brief pending · reported by Bloomberg, the single source so far
What happened
Samsung Electronics Co. shares reversed earlier gains to slide as much as 6.6% as the lack of a new shareholder return plan in its earnings disappointed investors.
Source description shown. AI brief pending.
Samsung
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Samsung reports Q3 revenue up 127% YoY to a record ~$146.3B and a record operating profit up 783% to ~$80.5B, both roughly in line with estimates
cnbc.com · 2h ago · ●●●○
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Samsung Electronics Shares Slide After Return Plan Is Delayed
bloomberg.com · 3h ago · ●○○○
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Samsung shares fall as much as 6.6% as a lack of a new shareholder return plan, higher capex, and its chip unit's profit miss weigh on investor sentiment
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Samsung Boosts Spending After Chip Profit Misses Estimates
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Samsung expects capex to rise ~60% to ~$63B this year, with HBM capacity sold out through 2027 and 10 long-term supply deals secured with key customers