SK Hynix to cancel record KRW40tn in shares, signalling confidence in a long AI memory cycle

DIGITIMESAugust 19, 2026en

SK hynix said on August 19 that its board had approved a plan to repurchase and cancel KRW40 trillion (roughly US$29 billion) of its own shares, the largest share buyback and cancellation ever undertaken by a company listed in South Korea.

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