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SK hynix Inc. ADR Turns Up Over 3% After KRW40 Trillion Buyback Plan
2026-08-19 15:11:52 SK hynix Inc. (000660.KS) (SKHY.US) announced a KRW40 trillion buyback plan, equivalent to about USD28.6 billion. At the same time, it plans to allocate more than 50% of cumulative free cash flow to shareholder returns by next year. SK hynix Inc. ADR turned up 3.48% in night trading to USD161.04. The buyback period is expected to last for three months starting from Aug 20. The company said all repurchased shares will be cancelled after the completion of the buyback.(ha/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |