TechWall Street Journal1h ago
SK Hynix plans to return $22B+ in dividends and ~$15B in buybacks
SK Hynix plans to return $22B+ in dividends and ~$15B in buybacks to shareholders, on top of its ~$30B buyback program completed in August
TL;DRSK Hynix will return $37B+ to shareholders via dividends and buybacks.
Why it matters: Signals chip makers are confident in AI-driven demand; affects semiconductor sector valuations.
The South Korean memory-chip maker's net profit more than tripled in the third quarter — South Korean memory-chip titan SK Hynix plans to return …
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