Categories: Business News

SK Hynix plans $28.6 billion buyback after share price declines

SEOUL, Aug 19 (Reuters) – SK Hynix will buy back and cancel 40 trillion won ($28.61 billion) of treasury shares and allocate more than 50% of free cash…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: August 20, 2026 01:34:12 IST

SEOUL, Aug 19 (Reuters) – SK Hynix will buy back and cancel 40 trillion won ($28.61 billion) of treasury shares and allocate more than 50% of free cash flow generated between 2025 and 2027 to boost

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: August 20, 2026 01:34:12 IST

Recent Posts

Israeli firm used online ads to run vast spy operation, researchers say

By Raphael Satter WASHINGTON, Oct 15 (Reuters) - Israeli digital advertising agency Discover-Tech spied on…

October 15, 2026

US toy prices surge ahead of holiday shopping season as tariffs, Iran war bite

By Danielle Kaye NEW YORK, Oct 15 (Reuters) - Cash-strapped US consumers are facing a…

October 15, 2026

Skateboarding – On the road again: Spain's Poncelet sets world speed record

VIDEO SHOWS: SPANISH DOWNHILL SKATEBOARDER DIEGO PONCELET BREAKING THE WORLD SPEED RECORD ON A SKATEBOARD…

October 15, 2026