Samsung Electronics Says It Will Consider Restructuring - News Summed Up

Samsung Electronics Says It Will Consider Restructuring


SEOUL—Samsung Electronics Co. said it would raise dividends and consider restructuring as the world’s largest smartphone maker seeks to appease growing demand for governance reforms. Over the long term, the company said Tuesday it wants to return any cash in excess of 70 trillion Korean won ($59.8 billion) to shareholders. At the end of September, Samsung had slightly more than 70 trillion won in cash on hand after subtracting debt....


Source: Wall Street Journal November 29, 2016 00:00 UTC



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