SK Hynix shares surge over 12% in Seoul after announcing massive stock buyback

SK Hynix's South Korean shares surge over 12% on stock buyback Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim's Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Asia: Business SK Hynix shares surge over 12% in Seoul after announcing massive stock buyback Published Wed, Aug 19 2026 11:30 PM EDT Justina Lee @in/justina-lee-2742aa59 WATCH LIVE Key Points The buyback reflects SK Hynix's confidence in its mid-to-long-term growth outlook despite current memory sector headwinds, according to Citi. News come after the company said earlier this month it would invest 54 trillion Korean won to build new memory chip manufacturing plant. Meanwhile, other tech stocks in Asia also rose, recovering from losses the day before. In this article SKHY Follow your favorite stocks CREATE FREE ACCOUNT Cfoto | Future Publishing | Getty Images Shares of SK Hynix surged over 12% in Seoul on Thursday after the company announced a massive stock buyback. The company said it is accelerating its 40 trillion won ($28.7 billion) share repurchase and cancellation program, while pursuing a shareholder return expansion to over 50% of cumulative free cash flow generated between 2025 to 2027. Bu özet bilgilendirme amaçlıdır, yatırım tavsiyesi değildir. — hisseonlinebot