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Korea Eximbank to Provide $1.2 Billion Financing to Saudi Power Utility

The Export-Import Bank of Korea (Korea Eximbank) will provide $1.2 billion in financing to Saudi Arabia’s state-owned power utility to support South Korean companies seeking to participate in the…

  • Korea Eximbank provides $1.2 billion financing to Saudi power utility
  • Funding supports South Korean firms in Saudi power infrastructure sector
  • Initiative aims to boost exports of power equipment from Korean suppliers

SK Hynix Announces Massive Treasury Share Buyback

SK Hynix has decided to acquire and completely cancel 40 trillion won ($30.76 billion) worth of its own shares, throwing down a gauntlet to enhance shareholder value.

  • SK Hynix plans 40 trillion won ($30.76 billion) treasury share buyback.
  • Share buyback begins August 20, lasts three months.
  • Move is largest cancellation in domestic listed history.

KDI Raises South Korea Growth Forecast to 3.2%

A forecast has emerged that the South Korean economy will grow by 3.2% this year, driven by strong semiconductor exports.

  • KDI raises South Korea's 2023 growth forecast to 3.2%
  • Semiconductor industry expected to add 0.6 percentage points
  • Export growth revised upward by 4.1 percentage points

Transaction in Own Shares

Transaction in Own Shares August 18, 2026 • • • • • • • • • • • • • • • • Shell plc (the ‘Company’) announces that on 18 August 2026 it purchased the following number of Shares for cancellation.

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