SK Hynix is trading 6.84% up now at $1250 after its board approved a 40 trillion won share repurchase and cancellation program.
- The plan covers approximately 24.07 million shares, or 3.3% of issued shares.
- It runs from August 20 through November 19, 2026.
- Reuters and SK Hynix’s regulatory filing say it is intended to boost shareholder returns and enhance shareholder value.