POPA Recon>SK Hynix pursues shareholder return plan worth $71 billion... 40% repurchased shares (cited in Chinese media)
>SK Hynix pursues shareholder return plan worth $71 billion... 40% repurchased shares (cited in Chinese media) •Korean media reports that SK Hynix plans to pursue the largest shareholder return plan in history worth a total of 100 trillion won (approximately 71 billion dollars). Among these, approximately 40 trillion won was invested in stock repurchase. This is equivalent to approximately 2% of the total issued shares and is almost equivalent to the size of additional issuance of new shares to issue ADRs in the United States. •The company plans to simultaneously announce additional shareho…
The excerpt is quoted from a public Telegram channel, which owns its text.