🟢 SK Hynix is trading 4.33% up today after approving 40 trillion won buyback and cancellation

SK Hynix is trading €1035.00 (+4.33%) after its board approved a 40 trillion won buyback and full cancellation program.

• The board approved the program on August 19, 2026; it covers approximately 24.07 million shares, or 3.3% of shares outstanding.
• Beginning August 20, 2026, it follows a sharp prior selloff and supports renewed investor confidence and shareholder returns.
• Memory-chip stocks also advanced as tight DRAM supply and AI-driven HBM demand supported the sector.