Share buybacks

SAMSUNG Electronics plans to return as much as 110 trillion won (US$80 billion) to investors this year, joining SK Hynix in sharing an AI windfall and putting in motion the largest shareholder return programme in South Korea’s history.

The move comes after shares of the company lost over one-third of their value since June’s record highs

Its 1.1 trillion yen (US$7 billion) profit for the quarter ended June marks five straight months of year-on-year declines

Jetstar Japan will rebrand and drop the “Jetstar” brand

Sergio Ermotti says that although the integration of Credit Suisse is ‘practically complete’, the regulatory debate has yet to be resolved

Over the five sessions, more than 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks

The company’s shares have lost more than a third of their value since an October high

The memory-chip maker will soon announce details on the plan

It is also eyeing annualised total shareholder return of at least 9% over the next five years