SK Hynix Announces $29 Billion Share Buyback Plan
South Korean chipmaker SK Hynix announced a record $29 billion share buyback and cancellation plan. This move aims to boost shareholder value amid a chip market selloff and capitalize on the AI boom.
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Bessent Shocks Markets With Bigger Buybacks | Open Interest 8/19/2026
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Treasury Secretary Scott Bessent surprises markets with a major boost to debt buybacks as yields hit multi-year highs. SK Hynix surges on a nearly $30 billion buyback. Moderna and Merck jump on promising melanoma vaccine results. Plus, Target and Lowe’s report, with Walmart still ahead. Telsey's Joseph Feldman joins us on the retail winners and losers. (Source: Bloomberg)
Read full article →SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback
Following a sharp selloff in recent months, the South Korean memory-chip company says current share prices don’t reflect the business’s “intrinsic value.”
By Jules Rimmer
Read full article →SK Hynix announces $28.6bn buyback plan to boost stock price
Read full article →SK Hynix launches $28.6 billion share buyback and cancellation
Read full article →SK hynix unleashes W40tr buyback amid AI windfall
SK hynix said Wednesday it will buy back and cancel 40 trillion won ($28 billion) of its own shares, sharply stepping up a shareholder return policy that had struggled to keep pace with the chipmaker's surging earnings and cash generation. The company also raised its shareholder return target for 2025-2027 to more than 50 percent of cumulative free cash flow, from a previous plan to return within 50 percent, and signaled further measures could follow later this year. SK hynix said the buyback wo
By The Korea Herald
Read full article →SK Hynix to buy back, cancel $29 billion worth of treasury shares
Read full article →SK Hynix Unleashes South Korea's Biggest-Ever 'Buyback Bazooka' To Halt Stock Rout
SK Hynix Unleashes South Korea's Biggest-Ever 'Buyback Bazooka' To Halt Stock Rout Asian equities fell sharply overnight as the regional semiconductor rout intensified following another downdraft in US chipmakers on Tuesday (read morning wrap). Japan, South Korea, and Taiwan led the regional declines, while Chinese stocks also weakened despite the blockbuster IPO of humanoid robotics maker Unitree. Against that bearish backdrop, SK Hynix announced the largest share buyback in So...
By Tyler Durden
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