SK Hynix reportedly plans a $71 billion shareholder return program. South Korean media first reported the initiative on August 9. The program includes a substantial share buyback component.
The company also targets a U.S. ADR listing as early as August 2026. This move seeks to attract global investors focused on the AI sector.
Shares faced downward pressure on August 11 despite the announcement. High demand for HBM memory chips used in AI applications supports current fundamentals. Analysts expect the return program and U.S. listing to bolster long-term valuation.