J.P. Morgan: SK Hynix's shareholder return cap lifted, could return another $130B to shareholders

English summary

J.P. Morgan analyst Jay Kwon estimates that by 2027 SK Hynix could deploy at least 180 trillion Korean won (~$130 billion) for additional shareholder returns, equivalent to 16% of current market cap. This excludes the already-announced 40 trillion won buyback and cancellation plan. Kwon believes this will help support the stock after recent selling.