SK Hynix Surges in After-Hours Trading! Plans 40 Trillion KRW Buyback and Cancellation, Commits 50% of Free Cash Flow to Shareholder Returns
SK Hynix announced a buyback and cancellation of treasury shares worth 40 trillion KRW (approximately $28.6 billion), and committed to returning at least 50% of free cash flow…
SK Hynix announced a buyback and cancellation of treasury shares worth 40 trillion KRW (approximately $28.6 billion), and committed to returning at least 50% of free cash flow generated between 2025 and 2027 to shareholders. Following the announcement, SK Hynix's US-listed shares rose over 4% in after-hours trading, after previously falling more than 3%.
Original: https://wallstreetcn.com/articles/3779781
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