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[SK Hynix CFO: The company is undervalued, so repurchases are used to increase the value of each share] October 28th, at SK Hynix’s financial report conference on Wednesday, Chief Financial Officer Kim Woo-hyun announced plans to return approximately 100 trillion won (approximately US$75.5 billion) to shareholders this year, distribute at least 30 trillion won in cash dividends, and conduct at least 60 trillion won in share repurchases and cancellations. Kim Woo-hyun said: "We believe that the current stock price does not fully reflect the company's profitability and cash flow levels, and the valuation is undervalued. In this environment, repurchasing and canceling shares is a very effective means to increase the value of each share."
buy back shares 🕐 2026-10-28 11:03
#buy back shares #memory chip
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