SKHX is trading 8.55% up now at $13.94 after SK hynix approved a 40 trillion won ($28.61 billion) share-repurchase and cancellation program.
- The program covers approximately 24.07 million shares, or 3.3% of shares outstanding, and begins August 20, 2026.
- The company-specific catalyst directly explains the pre-market surge; broader Asian technology strength and risk-on sentiment provide additional support.
- The prior session closed at $12.84, following substantial volatility earlier this week.