SK Hynix will buy back $28.6bn of its own shares, the biggest repurchase in Korean corporate history
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SK Hynix will buy back 40 trillion won of its own stock, about $28.6bn at prevailing exchange rates, in what Korean media are calling the largest repurchase ever announced by a listed company in the country.
The board approved the programme on Wednesday and every share bought will be cancelled outright rather than held in treasury.
The […]
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