SK Hynix May Add Another $130 Billion to Returns, JPMorgan Says

SK Hynix Inc. may follow up its new mega stock buyback with additional shareholder returns woth at least $130 billion through next year, according to JPMorgan Chase & Co.

bloomberg.com ·2h ago

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SK hynix shares jumped more than 8% in early trading on Aug. 20 after the chipmaker announced plans to buy back and retire 40 trillion won worth of its own shares, unveiling one of the most aggressive…

SK hynix shares rose 8% on August 20 after announcing a 40 trillion won buyback program.
The buyback aims to retire 3.3% of total outstanding shares, signaling management's confidence.
Expanded shareholder-return policy could boost earnings per share by reducing outstanding shares.

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