SK Hynix Announces 40.43 Trillion Won Share Buyback Plan on August 20

SK Hynix announced on August 20 a share buyback and retirement plan worth 40.43 trillion won. The semiconductor company will repurchase 24.07 million shares, representing approximately 3.3% of total outstanding shares, through November 19. SK Securities, named as the executing brokerage, saw its stock hit the daily limit up on the announcement.
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