🟢 SK Hynix is trading 3.46% up in pre-market after reports of a potential Kioxia-funded special dividend

SK Hynix is trading at $141.76, up 3.46% in pre-market after reports it is considering a Kioxia-funded special dividend.

• The reported payout is about 16 trillion won ($12 billion), funded by gains from selling its Kioxia stake. Reuters reports SK Hynix plans to announce shareholder-return measures with Wednesday’s third-quarter results.
• SK Hynix said it is reviewing shareholder-return measures, with no details finalized. Volume information was unavailable.