SK Hynix launches KRW 40 trillion share buyback, plans full cancellation

Reuters2026/08/19 07:18

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SK hynix launched a KRW 40 trillion share buyback with full cancellation, accelerating its 2025-2027 shareholder return plan.
Repurchase starts Aug. 20, runs about three months; implied volume about 24,070,000 shares based on KRW 1,662,000 prior close.
That equals about 3.3% of 730,492,365 shares outstanding; cancellation set upon completion of purchases.
Total shareholder return target lifted to over 50% of cumulative free cash flow, using buybacks alongside cash dividends.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SK Hynix Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN29379) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SK Hynix launches KRW 40 trillion share buyback, plans full cancellation

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