{
  "id": 1882385,
  "title": "SK hynix to buy back $28.6 mil. worth of shares in 3 months before cancellation",
  "url": "https://urgent.news/2026/08/19/sk-hynix-to-buy-back-28-6-mil-worth-of-shares-in-3-months-before",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T07:02:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260819/sk-hynix-to-buy-back-286-mil-worth-of-shares-in-3-months-before-cancellation"
  },
  "original_language": "en",
  "account": null,
  "summary": "SK hynix, the world's third-largest memory chip maker, has announced plans to repurchase $28.6 million worth of its own shares over the next three months before canceling them. The company made the announcement in a regulatory filing, stating that the buyback program will commence on Thursday and conclude by November 19. The decision to repurchase and cancel shares aims to enhance shareholder value by reallocating capital efficiently. SK hynix acknowledges that its shares are currently undervalued and believes that this move will benefit its investors. Additionally, the company is considering measures to increase dividends, such as higher regular dividends and special dividends, as part of its shareholder value enhancement strategy.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}