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SK hynix tentatively agrees to pay 60% of employee bonuses in treasury shares

Reuters ·

SKHY SK Hynix Inc ADR
$156.30 +0.44%
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  1. 1SK hynix (SKHY) tentatively agrees on wage deal to pay 60% of bonuses in shares and 40% in cash
  2. 240% in shares to be paid in 2027, remaining 20% deferred to 2028 and 2029...no sale restrictions
  3. 340% in cash to be paid in 2027; deal contingent on union members' approval

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

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