TechBloomberg Tech54m ago

SK Hynix Announces $29 Billion Share Buyback Plan

SK Hynix shares surged following the announcement of a nearly $30 billion share buyback program. Bloomberg's Ed Ludlow explains that the buyback aims to stabilize the stock after significant volatility, with shares having risen sharply in previous years but declining since June.…

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Source: Bloomberg Tech · Opens in new tab