005930.KS is trading 5.4% up at â‚©359,000 following the announcement of a massive 90 trillion won multi-year share buyback program linked to employee stock bonuses.
- The proposed program is expected to significantly reduce free float and support long-term shareholder returns, boosting sentiment after recent volatility in Korean chip stocks.
- Investors are reacting to the unprecedented scale of the buyback, which aligns with record semiconductor profitability and a positive AI-driven growth outlook.