Overview
- The company said its board approved the plan on Wednesday, Aug. 19, and will repurchase and cancel about 24.07 million shares between Aug. 20 and Nov. 19.
- SK Hynix committed to return more than 50% of cumulative free cash flow for 2025–2027 and reported roughly 69 trillion won in net cash at the end of Q2.
- The 40 trillion won program is set to be the largest-ever treasury share cancellation by a Korean listed firm and permanently reduces outstanding shares.
- Markets reacted sharply, with SK Hynix shares rising double digits in Seoul as investors priced in stronger per-share value and near-term support for the stock.
- The buyback has raised sector expectations for bigger payouts, with multiple reports saying Samsung is preparing a roughly 100 trillion won shareholder-return package; investors should watch upcoming board disclosures and Q3 earnings for formal details.