SK Hynix Announces 40 Trillion Won Share Buyback to Boost Shareholder Returns
SK Hynix has announced a share buyback programme valued at 40 trillion Korean won, equivalent to approximately US$28.6 billion. The company said the repurchased shares will be cancelled in a move designed to enhance shareholder returns. This announcement reflects the company's ongoing efforts to strengthen its capital structure and deliver improved returns to its investors through the reduction of outstanding shares.
SK Hynix announced that it will repurchase shares worth 40 trillion Korean won (approximately US$28.6 billion). The buyback is intended to cancel the shares, with the aim of enhancing shareholder returns.
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