On Oct 28, SK Hynix announced a shareholder return that surpassed the market’s expectations. The market had expected ~KRW 40T, and what Hynix announced was ~KRW 60T. Hynix shares surged more than 10%, and the KOSPI gained 7% with the shareholder issue. (1/4)🧵
SK Hynix announces shareholder return of about KRW 60T, above expectations
AISK Hynix announced on October 28 a shareholder return of about KRW 60 trillion, above the roughly KRW 40 trillion the market had expected. Hynix shares rose more than 10%, and the KOSPI gained 7% on the news.
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Original title: On Oct 28, SK Hynix announced a shareholder return that surpassed the market’s expectations. The market had expected ~KRW 40T, and what H...