{
  "id": 1894682,
  "title": "SK hynix to Buy Back and Retire KRW 40 Trillion in Treasury Shares",
  "url": "https://urgent.news/2026/08/19/sk-hynix-to-buy-back-and-retire-krw-40-trillion-in-treasury-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T08:38:50.000Z",
  "source": {
    "name": "Korea IT Times",
    "slug": "korea-it-times",
    "url": "https://www.koreaittimes.com/news/articleView.html?idxno=156265"
  },
  "original_language": "en",
  "account": "SK hynix announced plans to repurchase and retire KRW 40 trillion worth of its shares, marking the largest such cancellation by a Korean company. The board approved the buyback as part of an expanded shareholder-return policy covering 2025-2027. This represents over 50% of the company's cumulative free cash flow during the policy period. SK hynix expects the stronger-than-expected cash flow and financial position to justify the larger-than-planned share buyback. The buyback will begin on August 20 and run for about three months. All acquired shares will be retired after completion. The company will also consider additional returns through dividends during the policy period, contingent upon cash flow, market conditions and available profits.",
  "summary": "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 its board had approved the buyback and cancellation plan as part of an expanded shareholder-return pol",
  "key_points": [
    "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."
  ],
  "editors_take": "This buyback plan signals a significant shift in SK hynix's shareholder-return policy, prioritizing direct payouts to shareholders and altering its capital allocation strategy.",
  "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."
}