SK Hynix Share Buyback
6 articles from 2 countries
SK Hynix shares surged following a massive 40 trillion won ($29 billion) shareholder return plan, including share buybacks and cancellations. This significant announcement boosted the South Korean stock market, with the KOSPI index experiencing a substantial rally and even triggering trading suspensions due to rapid gains.
SK Hynix Soars 13% on Record Shareholder Return Plan; Samsung Up 10%
- SK Hynix shares jumped over 13% following a massive shareholder return announcement. - Samsung Electronics also saw a significant rise of over 10%. - SK Hynix plans to buy back and incinerate 24.07 million shares, worth approximately 40 trillion won, and increase its shareholder return policy to over 50% of free cash flow.
SK Hynix Invests $920 Billion to Buy Back Shares, Boosting Korean Stocks Over 3%
- SK Hynix announced a $40 billion (KRW 40 trillion) share buyback program, boosting the South Korean stock market. - The company plans to return over 50% of its free cash flow to shareholders between…
KOSPI Surges 5% on SK Hynix's 11% Jump, Triggering Trading Sidecar
- The KOSPI index surged by 5% following a 11% jump in SK Hynix stock. - A 'sidecar' trading suspension was activated due to the rapid market movement. - This surge indicates strong investor confidenc…
SK Hynix's 40 Trillion Won Shareholder Return Plan Sparks 8% Rally, KOSPI Recovers 6700 Level
- SK Hynix announced a massive 40 trillion won ($29 billion) share buyback and cancellation plan, boosting its stock and the KOSPI index. - The company also committed to returning at least 50% of its …
SK Hynix Shares Jump 6% on Massive 40 Trillion Won Share Buyback Plan
- SK Hynix announced a plan to acquire and retire 40 trillion won worth of its own shares, marking a record shareholder return policy. - The company's stock price rose over 6% in early trading followi…
SK Hynix stock surges 8% on news of $30 billion share buyback
- SK Hynix shares surged over 8% following the announcement of a massive share buyback and retirement plan. - The company intends to repurchase 24.07 million common shares, valued at approximately 40 …
