In 2017, Samsung will implement a share buyback of KRW 9.3 trillion.
This is a sum, following dividend payout, of the remaining amount of shareholders’ return resources in 2016 which amounted to KRW 8.5 trillion and the remaining resources of KRW 0.8 trillion from 2015. The company plans to proceed with the repurchase and cancellation over 3 to 4 phases.
On January 24, 2017 the Board of Directors approved the first phase of the share buyback and cancellation.
The first phase of the buyback period will last for three months starting from January 25, 2017, and the company expects to buy back and cancel 1.02 million common shares and 255,000 preferred shares.
The BOD approved a year-end (2016) dividend of KRW 27,500 per share for common shares and KRW 27,550 for preferred shares. Including the interim dividend, the annual dividend per share increased about 36 percent.
The total shareholder return for 2016 will amount to KRW 12.5 trillion, which is 50 percent of the annual free cash flow (FCF) of KRW 24.9 trillion. Of this amount, about KRW 4 trillion will be paid as dividend.
Last November, Samsung announced a “shareholder value enhancement policy” to apply 50 percent of the FCF for 2016 and 2017.

News Source : Samsung Electronics