Chipindustrie: SK Hynix kündigt milliardenschweren Aktienrückkauf an
Die Anleger zweifeln, ob das Wachstum durch hohe KI-Investitionen nachhaltig ist. Mit einem Rekord-Aktienrückkauf stützt der koreanische Konzern nun den Kurs. Die Aktie reagiert deutlich.
Seoul - South Korean memory chip manufacturer SK Hynix plans to repurchase its own shares worth 40 trillion won (24.5 billion euros) and boost dividend payouts to shareholders, according to a statement published on Wednesday. This move aims to stabilize the stock price after it lost more than half of its value within two months. SK Hynix intends to repurchase up to 24 million shares between August 20 and November 19, 2023.
In addition to the share buyback, the company has increased its promise to distribute more than half of its cumulative free cash flow to shareholders from 2025 to 2027, amounting to approximately $170 billion, as per Bloomberg calculations. The target was initially set at up to 50% before. On Thursday, SK Hynix's share price rose by nine percent in Seoul, while rival Samsung Electronics gained more than five percent.
The buyback follows the company's initial listing in the US, which raised 26.5 billion dollars just a month ago. However, investors are increasingly doubtful about the sustainability of the high investments in AI hardware and prefer to participate more in the profits.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.