POPA Recon- Summary
- Summary SK Hynix purchases and cancels 24.07 million shares of its own stock for approximately 40 trillion won from August 20th (tomorrow) until November 19th (Daily purchase order quantity limit is approximately 2.4 million shares) The point is about 3.3% of all stocks. Since the structure eliminates 24.07 million shares, which is more than the dilution of 17.79 million shares, which increased due to the recent issuance of ADRs, it can be seen that it is more than enough to effectively offset concerns about ADR dilution.
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