🟢 SK Hynix is trading 5.6% up today after approving a $28.6 billion buyback plan

SK Hynix is trading 5.64% up now at $164.96 after approving a $28.6 billion share repurchase and cancellation plan.

• The program covers approximately 24.07 million shares, or 3.3% of shares outstanding, from August 20 through November 19.
• The announcement directly lifted SK Hynix and broader memory stocks.
• Tight supply and stronger DDR4 pricing expectations add sector support.