STOCKS | Citrini Analyst Jukan: SK Hynix Reportedly Plans $66.4 Billion Shareholder Return After ADR Listing

A Citrini analyst said South Korean media reported that SK Hynix is expected to announce a shareholder return plan worth about $66.4 billion after its ADR listing. According to Odaily, the analyst, identified as jukan, wrote on X that the company has reportedly reduced the ADR issuance size to a range slightly above 2% from 2.4% of outstanding shares to ease dilution concerns and potential opposition from existing shareholders. SK Hynix is expected to raise about 40 trillion won through the issuance of new shares in the ADR offering.