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SK Hynix to buy back and cancel 40 trillion won worth of treasury shares, strengthening shareholder returns

Reuters +2 ·

SKHY SK Hynix Inc ADR
$155.62 -9.20%
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  1. 1SK Hynix announces buyback and cancellation of 40 trillion won ($28.61 billion) in treasury shares to strengthen shareholder returns
  2. 2At least 50% of free cash flow generated from 2025 to 2027 to be allocated to shareholder returns
  3. 3Details on additional buybacks, cancellations, and dividends to be unveiled at Q3 earnings release

This 3-line summary is compiled from the report below.

Reuters +2 View original ↗
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