SK Hynix (#SKHY) announced a 40.004 trillion won ($28.3 billion) share buyback and cancellation, covering approximately 24.07 million shares, or 3.3% of outstanding shares, from August 20 through November 19. The move follows a recent 9.7% stock decline, while shares have still more than doubled this year on strong AI-memory demand, including from NVIDIA (#NVDA). Sector: Semiconductors / Memory Key Highlights šŸ’° Share buyback: 40.004T won (~$28.3B) šŸ“Š Shares covered: 24.07M, approximately 3.3% šŸ“… Buyback period: Aug. 20 ā€“ Nov. 19 šŸ‡°šŸ‡· Expected to be South Korea's largest buyback šŸ“ˆ Stock has more than doubled in 2026 šŸ¤– Strong AI-memory demand supporting growth šŸ’µ Plans to return 50%+ of cumulative free cash flow through 2027 šŸ’° Returns include dividends and share repurchases Why It Matters The massive buyback signals management's confidence in SK Hynix's AI-driven growth and cash generation while potentially increasing shareholder returns as demand for advanced memory continues to rise. Read More: https://www.thinksabio.com/reports/isr/SKHY