SK hynix May Announce Another Share Buyback in Q4, S&P Says

According to The Korea Herald, SK hynix could announce another share buyback of up to 40 trillion won ($28 billion) in the fourth quarter as the AI memory boom drives record shareholder returns at Korea’s two largest chipmakers, according to S&P Global Market Intelligence. Mohammad Hassan, S&P’s head of Asia-Pacific equities dividend forecasting, said in an interview in Seoul on Thursday that more buybacks are likely to be announced in Q4, and that the next round would probably be at the lower end of the range.