$SKHY just announced its largest-ever capital return: a KRW 40tn (~$28.6bn) share buyback, covering ~3.3% of shares outstanding, with all repurchased shares to be retired.
The bigger shift is in capital allocation. SK hynix plans to raise shareholder returns from up to 50% to over 50% of cumulative FCF for 2025–27, with higher regular and special dividends also under consideration.
The buyback was largely expected. What comes next matters more: how far above 50% SK hynix is willing to go.
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Not investment advice. For informational purposes only.