EconomySK Hynix Plans $29 Billion Share Buyback Amid Chip Selloff

Name: SK Hynix Plans $29 Billion Share Buyback Amid Chip Selloff
Uploaded: 2026-08-19T12:48:56.000Z
Description: SK Hynix plans to repurchase 40 trillion won ($29 billion) in stock and return more profits to shareholders. The memory-chip maker will buy back up to 24 million treasury shares between Aug. 20 and Nov. 19 and cancel them.

SK Hynix plans to repurchase 40 trillion won ($29 billion) in stock and return more profits to shareholders. The memory-chip maker will buy back up to 24 million treasury shares between Aug. 20 and Nov. 19 and cancel them.

Bloomberg Television 2026-08-19 12:48