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SK Hynix launches a record stock buyback-and-cancel program worth 400 trillion won, the largest in history
Against the backdrop of the ongoing global semiconductor memory market recovery and an explosive surge in AI demand, SK Hynix announced today that it has officially launched a stock buyback plan totaling 400 trillion won. The company plans to complete the full cancellation within three months starting from August 20. The buyback size surpasses Samsung Electronics’ previous record of 160 trillion won, rewriting the history of South Korea’s stock market. The company expects operating profit in 2026 to jump fivefold year over year to 266 trillion won, while its net cash reserves have already reached 69 trillion won. Management said, “The company’s competitiveness has been undervalued by the market.” By rolling out the largest buyback in history at this time, the move signals strong confidence in the fundamentals and a rebound in the stock price.
Against the backdrop of the ongoing global semiconductor memory market recovery and an explosive surge in AI demand, SK Hynix announced today that it has officially launched a stock buyback plan totaling 400 trillion won. The company plans to complete the full cancellation within three months starting from August 20. The buyback size surpasses Samsung Electronics’ previous record of 160 trillion won, rewriting the history of South Korea’s stock market. The company expects operating profit in 2026 to jump fivefold year over year to 266 trillion won, while its net cash reserves have already reached 69 trillion won. Management said, “The company’s competitiveness has been undervalued by the market.” By rolling out the largest buyback in history at this time, the move signals strong confidence in the fundamentals and a rebound in the stock price.
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