SK hynix buyback sends shares soaring, broker hits limit
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Source: The Korea Herald
Published: 2026-08-20 15:51 UTC+10:00
Section: All News
Factuality Score: 92
Opinion Category: Neutral
Topics: South Korea, Financial Markets, World News
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Snippet:
SK hynix shares surged as much as 14 percent Thursday after the chipmaker unveiled a 40 trillion won ($28.7 billion) share buyback and cancellation plan, a move it said would mark the largest treasury-share cancellation by a listed Korean company.
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