SK hynix Shares Rally 10.89% as Buyback Cancellation Draws Focus
SK hynix shares closed up 10.89% at 1,487,000 on October 28. The report also points to the company’s buyback cancellation and shareholder-return push.
SK hynix NASDAQ:SKHY is putting serious cash behind its AI-memory boom, but the buyback headline needs a closer look. Shares closed at?1,487,000, up 10.89%, on October 28, as the company's shareholder-return push put payouts in focus. Record earnings give the memory maker room to reward investors…