Dividends & Buybacks ·
SK hynix to cancel 23.7M treasury shares valued at KRW 40 trillion on November 5
HXSCLSK hynix Inc.
SK hynix Inc. amended its previous disclosure regarding the cancellation of treasury shares, finalizing the number of common shares to be retired at 23,693,272. The estimated aggregate acquisition value for these shares is KRW 40,004,339,063,500. The company plans to acquire the shares between August 20 and October 23, 2026, with a scheduled cancellation date of November 5, 2026. The reduction in issued shares will be effected within distributable profits, decreasing total outstanding shares without altering the company's capital structure. SK hynix Inc. is a leading manufacturer of semiconductor memory products.