SK Hynix: At least 50% of Free Cash Flow to be Used for Shareholder Returns from 2025 to 2027

BlockBeats News, August 19th, SK Hynix announced that between 2025 and 2027, at least 50% of the free cash flow generated during this period will be used for shareholder returns.

They will repurchase 40 trillion Korean won (approximately $28.6 billion) of common stock. The buyback is aimed to retire shares to enhance shareholder returns. SK Hynix's after-hours stock price decline narrowed.