SK Hynix is trading 4.42% up now at €1015 after announcing plans on August 19, 2026, to buy back and cancel 40 trillion won (€28.61 billion) in treasury shares.
- It also committed to return at least 50% of free cash flow through 2027.
- The announcement appears to outweigh the broader memory-chip selloff, pressured by rising bond yields and geopolitical uncertainty.
- Trading is unusually volatile, with sector weakness creating conflicting signals.