🟢 SK Hynix is trading 4.3% up in pre-market after record 40 trillion won buyback announcement

SK Hynix is trading 4.3% up now at $162.86 after announcing a record 40 trillion won buyback and cancellation program.

• Repurchase of up to 24.07 million shares, approximately 3.3% of outstanding stock, runs from August 20 through November 19.
• More than 50% of 2025–2027 free cash flow will go to shareholder returns.
• Memory-chip strength tied to AI demand provides additional sector support.