S&P Forecasts SK hynix Potential Q4 Share Buyback Up to 40T Won
SK hynix may announce an additional share buyback worth up to 40 trillion won in the fourth quarter, according to S&P’s Asia-Pacific dividend forecasting. S&P’s scenarios include buybacks of about 20 trillion won or 40 trillion won, lifting its dividend forecast to 38,097 won per share. The company had already said it would buy back and cancel 40 trillion won worth of shares from August 20 to November 19.
Coverage (4)
- SK hynix Poised to Resume 3 Trillion Won Bond Investments (businesskorea.co.kr)
- SK Hynix could unveil up to 40 trillion won buyback in Q4, adding fuel to South Korea's Value (finance.biggo.com)
- S&P: SK hynix may announce buyback of up to 40 trillion won (ua.news)
- SK hynix: From near-collapse to a $1 trillion valuation and a Nasdaq listing (euronews.com)