Bitget has updated the Proof of Reserves for February 2024
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Report: Samsung to Announce 100 Trillion KRW Shareholder Return Plan, Company Plans to Use 50% of Free Cash Flow for Shareholder Returns
Driven by the AI storage supercycle, cash flows have surged. Samsung Electronics will launch the largest shareholder return program in its history, worth over 100 trillion KRW, returning 50% of its free cash flow to shareholders, with special dividends and share buybacks and cancellations as the main options. On Wednesday, SK Hynix announced plans to buy back and cancel treasury shares worth 40 trillion KRW, signaling a wave of shareholder returns in the South Korean semiconductor industry.

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