# SK Hynix Plans $29 Billion Share Buyback Amid Chip Selloff

https://mins.news/en/video/26176

- Bloomberg Television, 2026-08-19 12:48 UTC
- Economy
- Original: https://www.youtube.com/watch?v=XX-OIoyrQKM

> 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.

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