Kwanwoo Jun / Wall Street Journal : SK Hynix plans to return $22B+ in dividends and ~$15B in buybacks to shareholders, on top of its ~$30B buyback program completed in August — 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 …
SK Hynix plans to return $22B+ in dividends and ~$15B in buybacks to shareholders, on top of its ~$30B buyback program completed in August (Kwanwoo Jun/Wall Street Journal)
In short
SK Hynix, a leading South Korean memory-chip manufacturer, announced plans to return approximately $22 billion to shareholders in dividends and $15 billion in share buybacks. The company's commitment to returning significant amounts to shareholders underscores its confidence in the future growth of the company.
Key points
- SK Hynix, a leading South Korean memory-chip manufacturer, announced plans to return appr…: SK Hynix, a leading South Korean memory-chip manufacturer, announced plans to return approximately $22 billion to shareholders in dividends and $15 billion in share buybacks.
- The company's commitment to returning significant amounts to shareholders underscores its…: The company's commitment to returning significant amounts to shareholders underscores its confidence in the future growth of the company.