Semiconductors
Chipmaker raises shareholder return target to over 50% of free cash flow
SK Hynix is expanding production capacity while also pursuing a massive share buyback plan. © Reuters
KIM JAEWON
August 19, 2026 17:55 JST
SEOUL — SK Hynix announced a 40 trillion won ($28.6 billion) share buyback plan on Wednesday as part of the South Korean memory chip maker’s shareholder return program, underscoring the company’s confidence in its financial situation after reporting record earnings in the second quarter.
