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Samsung to unveil shareholder return plans amid calls to split company

2017-01-21 07:04

Samsung Electronics Co Ltd (005930.KS) said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure xxx porn videos from U.S. fund Elliott Management to split the company in two and provide more in payouts.

The U.S. activist hedge fund, which owns 0. xxx porn videos 6 percent of Samsung, called on the South Korean tech giant in October to divide itself into a holding vehicle for ownership purposes and an operating company, as well as pay out 30 trillion won ($26 billion) in a special dividend.

The Seoul Economic Daily, citing an unidentified source, reported on Monday the firm will say it plans to consider a split. Samsung declined to elaborate further on Monday on its plans, although it said last month it is considering buying back more shares.

A split in two has long been a subject of market speculation with analysts noting that such a move could help the Samsung Group founding family heirs to boost their control of the world's top maker of smartphones, memory chips and televisions.

"It's difficult to argue with the logic of Elliott

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