SK Hynix Unveils $29 Billion Buyback in Landmark Capital Return for Korean Tech
Memory maker to repurchase and cancel treasury shares in one of Asia's largest-ever shareholder return programs, signaling confidence in the AI-driven HBM supercycle
SK Hynix announced plans to buy back and cancel approximately $28–29 billion of treasury shares, a scale of capital return with few precedents in Asian technology. The move underscores management's confidence in sustained high-bandwidth memory demand and marks a structural shift in Korean corporate governance toward shareholder value.