South Korea’s SK Hynix announces buyback after stock crashes 50% in two months, wipes off massive retail wealth
4 sources·Updated August 20, 2026
SK Hynix buyback
Covered by 4 sources
- Bloomberg Markets·2h agoBanks Slash Cost of Leveraged Bets on SK Hynix’s Korean Shares
Financing costs for global investors making leveraged bets on SK Hynix Inc.’s South Korean shares have halved in recent weeks, after the chipmaker’s US listing and a brutal selloff in stocks linked to artificial intelligence.
Read at Bloomberg Markets → - Bloomberg Business·7h agoBloomberg Tech: SK Hynix’s $29 Billion Buyback (Podcast)
Source: Bloomberg, 0:00
Read at Bloomberg Business → - ET Markets·18h agoSouth Korea’s SK Hynix announces buyback after stock crashes 50% in two months, wipes off massive retail wealth
SK Hynix announced a record 40 trillion won share buyback and cancellation after its stock plunged nearly 50%. South Korea’s Kospi also tumbled amid chipmaker concentration, leveraged ETF risks and rising bond yields, intensifying pressure for shareholder returns.
Read at ET Markets → - Bloomberg Technology·21h agoSK Hynix Moves to Calm Market With $29 Billion Share Buyback
SK Hynix Inc. unveiled plans to buy back 40 trillion won ($29 billion) of shares and return more profits to investors, moving to stabilize its shares after they fell more than 50% in two months.
Read at Bloomberg Technology →