SK Hynix to buy back, cancel $29 billion worth of treasury shares

SK Hynix to buy back, cancel $29 billion worth of treasury shares  Reuters

FILE PHOTO: The SK hynix logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/File Photo 19 Aug 2026 03:13PM (Updated: 19 Aug 2026 03:16PM) SEOUL, Aug 19 : SK Hynix said on Wednesday it would buy back and cancel 40 trillion won ($28.61 billion) worth of treasury shares to boost shareholder return

Kakao Bank plans to cancel about half of its treasury shares and reserve the rest for employee compensation, a move that could serve both its shareholder-return goals and efforts to defuse an ongoing pay dispute. The internet-only lender said it planned to seek approval for its treasury share retention and disposal pla