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SK hynix to buy back $28.6 mil. worth of shares in 3 months before cancellation
SK hynix said Wednesday it will buy back 40 trillion won ($28.6 million) worth of its own shares within the next three months and will cancel them.
Korea's venture investments touch new high in H1: data
Korea's investments into startups for the first half of 2026 marked a record high for the six-month period, amid active investments into cutting-edge technologies, such as artificial intelligence (AI)…
Won-dollar rate falls below 1,400 won for 1st time in 11 months
The Korean won strengthened to below the 1,400-won mark against the U.S. dollar for the first time in nearly 11 months, while the KOSPI plunged 5.8 percent on Wednesday.
Hims & Hers' CEO Just Disposed of 78,859 Shares. Here's What Long-Term Investors Should Know.
Stock-based compensation vesting triggered mandatory tax withholding, but Dudum retains about 9.7 million shares worth $272 million.
SK hynix to Buy Back and Retire KRW 40 Trillion in Treasury Shares
SK hynix will buy back and retire KRW 40 trillion worth of its own shares, in what will be the largest treasury-share cancellation by a listed Korean company to date.The company said Wednesday that…
- SK hynix plans to repurchase and retire KRW 40 trillion in shares.
- The buyback is part of an expanded shareholder-return policy for 2025-2027.
- Shares will be repurchased starting August 20 and retired after completion.
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