SK Hynix Soars 13% on Record Shareholder Return Plan; Samsung Up 10%

SK Hynix shares experienced a dramatic surge of over 13% on Thursday, fueled by the company's announcement of a record-breaking shareholder return plan. The semiconductor giant's stock climbed to 1,698,000 won in early trading.

Samsung Electronics, another major player in the sector, also benefited from the positive sentiment, with its shares rising more than 10% to 272,500 won. The broader semiconductor market appears to be regaining investor confidence following SK Hynix's substantial capital return initiative.

SK Hynix revealed its plan to repurchase 24.07 million common shares, valued at approximately 40.04 trillion won, and subsequently cancel them. This move is part of an enhanced shareholder value strategy.

Furthermore, the company adjusted its shareholder return policy, committing to distribute more than 50% of its accumulated free cash flow (FCF) from 2025 to 2027, a notable increase from the previously stated 50%. This proactive approach, even before the final FCF figures for 2026-2027 are determined, signals a strong commitment to rewarding investors.