SK Hynix announces over $25 billion in dividends and buyback as… | HappeningNow.news

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SK Hynix announces over $25 billion in dividends and buyback as third-quarter profit beats estimates

South Korean chipmaker SK Hynix on Wednesday posted a record high quarterly profit, sharply beating estimates, and announced over $25 billion in dividends and buybacks, sending shares more than 6% higher.

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South Korean chipmaker SK Hynix announced a dividend and share‑buyback program exceeding $25 billion after reporting third‑quarter profit that sharply beat estimates.

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