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…

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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.)

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

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