Samsung Electronics and SK Hynix Make Bold Move with Treasury Share Cancellation... Accelerating Shareholder Value Enhancement [3-Minute Brief]

[At a Glance]

1. Samsung Electronics cancels 16 trillion won, SK Hynix cancels 5 trillion won in treasury shares

2. Korea decides to release 22.46 million barrels of strategic oil reserves

3. "Expansion of overseas investment is an inevitable result of current account surplus"

MARKET INDEX

○ U.S. New York stock market closes flat amid concerns over prolonged Iran war

○ Oil prices surge again as Iran reiterates its willingness to blockade the Strait of Hormuz

○ Surge in international oil prices makes March CPI increase inevitable

TOP 3 NEWS

■ Following KOSPI's rise, Samsung Electronics and SK Hynix bring positive momentum with treasury share cancellation "Possibility of 100 trillion won special dividend as well"

○ Samsung Electronics' announcement of canceling treasury shares worth 16 trillion won pushes stock price higher
○ Hopes for further value-up measures, including the possibility of a 100 trillion won special dividend
○ SK Hynix also to cancel 5 trillion won in treasury shares... Major companies likely to follow

■ Government to release 22.46 million barrels of strategic oil... Participates in IEA joint release

○ 400 million barrels to be supplied to the market due to worsening Middle East situation
○ Largest scale since the Gulf War
○ Exceeds amount released during the 2022 Russia-Ukraine war

■ Unjustly accused retail investors abroad cleared of blame for high exchange rate

○ Korea Capital Market Institute: "An unavoidable trend for higher investment returns"
○ Overseas retail investors contribute to national wealth creation and external soundness
○ "Need to further increase net dollar supply, including incentives for foreign stock investment"

the Chart: Withdrawing deposits and opening overdraft accounts to ride the 'Rollercoaster KOSPI'... Banks in all-out defense to retain deposits

○ Demand deposits in the five major commercial banks decreased by 5.7 trillion won in just one week

○ Increase in overdraft balances is the largest since the 2022 leveraged investment boom

○ Banks respond by raising deposit rates and launching high-interest special products

Money-Making Law

■ ACP to be implemented in 2027, but effective immediately

○ First accepted in Supreme Court criminal cases
○ "With incomplete manuals, it is necessary to actively assert one's rights"
○ In the U.S., the 'Upjohn standard' applies as a principle of protection
☞Read the article:  https://view.asiae.co.kr/article/2026031115233197769

■ "We will protect the brand value of artists"

○ Attorney Moonhee Kim: "The era of focusing only on legal logic and winning cases is over"
○ Entertainment disputes are characterized by a 'trial by public opinion' coming first
○ Having a dedicated entertainment team at a major law firm is unusual
☞Read the article:  https://view.asiae.co.kr/article/2026031115301493069

■ Will prosecutors who oppose orders be disciplined? Bill says "resistance is possible in case of unjust orders"

○ Some lawmakers call for "re-revision of the Public Prosecution Office Act"
○ Actual bill content differs from the claims
○ Choo Mi-ae: "The top-down obedience tradition in the prosecution will continue"
☞Read the article:  https://view.asiae.co.kr/article/2026031115324733782

※ The 'Money-Making Law' section, a content partnership between The Asia Business Daily and Law Times, is published every Tuesday and Thursday.

Today's Key Schedule

○ Domestic

IM Biologics KOSDAQ subscription, expected offering price 19,000~26,000 won

○ Overseas

18:00 International Energy Agency (IEA) Monthly Report

21:30 U.S. Initial Jobless Claims

21:30 U.S. Trade Balance (January)

21:30 U.S. Building Permits (January)

◇Lunch & Commute Weather

○ Lowest temperature: 1°C (▲1°C) ｜ Highest temperature: 13°C (▲3°C)
○ Precipitation probability: Morning 0%｜Afternoon 20%
○ Fine dust: Normal in the morning｜Normal in the afternoon

3 minutes is all you need: essential, value-for-time economic news. Published daily at 8 a.m.

This content was produced with the assistance of AI translation services.