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2026-10-21 08:05:47 UTC

Blockchain Report on Nostr: SK Hynix announced the completion of its substantial 40 trillion Korean won ...

SK Hynix announced the completion of its substantial 40 trillion Korean won (approximately $30 billion USD) stock buyback and subsequent cancellation program. The initiative, which concluded approximately one month ahead of its scheduled deadline, saw the semiconductor giant repurchase 24.07 million shares of its own stock. This buyback and cancellation represents the largest such operation by a South Korean listed company, accounting for about 3.3% of its total issued shares. The program was originally set to run from August 20th to November 19th.

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