🟢 SKHX is trading 10.71% up today after 40 trillion won buyback approval

SKHX is trading 10.71% up now at $14.21 after SK hynix approved a 40 trillion won ($28.61 billion) share-repurchase and cancellation program.

• The plan covers approximately 24.07 million shares (3.3% of shares outstanding); it began August 20, 2026.
• Reuters reported SK hynix will cancel the shares and allocate more than 50% of 2025–2027 free cash flow to shareholder returns.
• The rally follows volatility, including an 18.26% decline on August 18, 2026; broader U.S. markets were modestly lower, making the buyback the clearest catalyst.