SK Hynix Announces $28 Billion Share Buyback

By EC Assets · Published 19 August 2026

SK Hynix will repurchase $28 billion in treasury shares. The stock surged following the announcement. SK Hynix, a memory chip manufacturer, is listed on the New York Stock Exchange as SK hynix Inc. Sponsored ADR under the ticker SKHY. The company’s decision to buy back its own shares led to a significant increase in its stock price. Further details regarding the execution and timeline of the buyback program were not immediately available. This article is intended for informational purposes only. It does not constitute investment advice.