SK Hynix weighs a 16 trillion‑won special dividend and 40 trillion‑won share buyback, to be announced with Q3 results
SK Hynix said it will disclose new shareholder‑return measures on Oct 28 alongside its third‑quarter earnings. The company is reviewing a special dividend of about 16 trillion won, funded by gains from its Kioxia stake, and has already completed a 40 trillion‑won share‑buyback that retired roughly 3.3 % of its shares. It also confirmed that plans for a U.S. IPO of its Solidigm flash‑memory unit have been cancelled.
Why it matters
If the special dividend is approved, investors could receive a payout of roughly $12 billion, which may provide short‑term support to the stock as indicated by the recent price rise. The announced buyback and dividend also signal the firm’s intent to return excess cash after record AI‑related profits, addressing investor pressure for higher returns.
Key facts
- 1SK Hynix is reviewing a special dividend of about 16 trillion won, funded by gains from its Kioxia investment. en.bloomingbit.io
- 2The company completed a 40 trillion won share‑buyback program, repurchasing roughly 3.3 % of its shares. econotimes.com
- 3SK Hynix will announce the shareholder‑return measures on Wednesday, Oct 28, together with its third‑quarter results. businesstimes.com.sg
- 4The special dividend would represent about 80 % of an estimated 20 trillion won gain booked from the Kioxia stake in the first half of 2026. finance.yahoo.com
- 5The firm scrapped plans for a U.S. IPO of its Solidigm subsidiary, citing market conditions. finance.yahoo.com
- 6SK Hynix shares rose as much as 3 % on the news, outperforming the broader market decline. businesstimes.com.sg
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.