Already in August, even before the launch Galaxy Note 7, Samsung's stock price climbed to a very high $1/share. But once it became clear that the new phablet had serious problems, the company lost more than $480 billion.
Despite the loss of up to $5 billion in Note 7 sales, the stock rose slightly, even with a profit of $9 billion. One of the reasons is the announcement that the company will return 50% of its free "cash flows" already in 2016 and 2017. All through dividend increases and share buybacks. Dividends for 2016 increased by 36%. Samsung made the move after pressure from American investment fund Elliot Management, which owns a 6% stake in the Korean firm. Akcie společnosti Samsung budou uzavřeny ve středu na ekvivalent ve výši 1 496 dolarů, což je o 4,2%. Společnost má nyní cenu okolo 224 miliard $.
Source: Phonearena
