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DIGITIMES AsiaPublished: Aug 19, 2026, 19:01 JST

SK Hynix cancels $29 billion in shares, largest buyback in South Korean history

SK Hynix cancels $29 billion in shares, largest buyback in South Korean history

SK Hynix announced on August 19 that its board approved a plan to repurchase and cancel KRW40 trillion (roughly US$29 billion) of its own shares—the largest share buyback and cancellation ever undertaken by a company listed in South Korea.

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