SK Hynix plans cancellation-linked buyback of 24,070,000 shares worth KRW 40.00 trillion

Reuters2026/08/19 11:16

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SK hynix set a share buyback of 24,070,000 common shares, estimated at KRW 40.00 trillion, starting Aug. 20, 2026.
Planned repurchase window runs through Nov. 19, 2026, executed via open-market purchases through SK Securities.
Maximum daily purchase order set at 2,407,000 common shares.
Treasury stock held before the program totaled 1,625,769 common shares, about 0.2% from prior exchangeable bonds clean-up call activity.
All shares acquired under the program are slated for cancellation, per a separate Aug. 19, 2026 cancellation decision.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-356133), 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 plans cancellation-linked buyback of 24,070,000 shares worth KRW 40.00 trillion

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