SK Hynix Board Approves 40 Trillion Won Share Buyback and Cancellation
SK hynix disclosed that its board approved a resolution to repurchase and fully cancel 40 trillion won of its own shares. The company plans to return over 50% of cumulative free cash flow generated from 2025–2027 via repurchases and cash dividends executed in parallel. It reported net cash of about 69 trillion won as of the end of the second quarter and filed the plan with regulators.