Seoul — Samsung Electronics said it would disclose plans to boost shareholder value on Tuesday — a move amid pressure from US fund Elliott Management to split the company in two and provide more in payouts. The US activist hedge fund, which owns 0.6% of Samsung, called on the South Korean tech giant in October to divide itself into a holding vehicle for ownership purposes and an operating company, as well as pay out 30-trillion won ($26bn) in a special dividend. The Seoul Economic Daily, citing an unidentified source, reported on Monday the firm would say it planned to consider a split. Samsung declined to elaborate further on Monday on its plans, although it said in October it was considering buying back more shares. A split in two has long been a subject of market speculation, with analysts noting that such a move could help the Samsung Group founding family heirs to boost their control of the world’s top maker of smartphones, memory chips and televisions. "It’s difficult to argue...
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