Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending (Denny Thomas/Bloomberg)

Techmeme — Aug 19, 09:45 AM

https://www.techmeme.com/260819/p8#a260819p8" title="Techmeme permalink">http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /> Denny Thomas / https://www.bloomberg.com/">Bloomberg:

https://www.bloomberg.com/news/articles/2026-08-19/sk-hynix-announces-28-6-billion-share-buy-back-on-ai-boom">Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending — SK Hynix Inc. unveiled plans to buy back 40 trillion won ($29 billion) of stock and return more of its profits to shareholders …