SK hynix announces 40 trillion won buyback to cancel shares and lifts payout to 50%+ of free cash flow

SK hynix announced on August 19, 2026 that it will buy back 40 trillion won ($28.6 billion) of its own shares in open-market purchases through November 19, and cancel all of them. The program covers about 24.07 million shares, roughly 3.3% of shares outstanding, at about 1.66 million won each. The company also raised its 2025 to 2027 cash return commitment to 50% or more of cumulative free cash flow, from up to 50%, and said the size and method of further returns will come with Q3 results.

• Buyback: 40 trillion won (about $28.6 billion); about 24.07 million shares
• Purchases August 20 to November 19, 2026; all shares to be cancelled
• Payout policy: 50% or more of 2025 to 2027 cumulative free cash flow (was up to 50%)
• Higher regular and special dividends under review; details with Q3 results