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TODAY'S MARKET INTELLIGENCE

SK Hynix Plans to Buy Back and Cancel Approximately $28.3 Billion in Shares

Published: 2026-08-20 00:10:00Category: financeHeat: 72

English summary

According to Oriental Wealth Global News, SK Hynix plans to buy back and cancel approximately $28.3 billion in shares, aimed at boosting its stock price and shareholder confidence. This rare large-scale capital return by the Korean tech giant may positively affect sentiment in the semiconductor sector.

The English text is machine translated and may require verification against the Chinese version.

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