T K A Corp to cancel 10 billion won of treasury shares
TK Corp will cancel 10 billion won worth of its own shares, according to the KRX-listed company notice. The shares being cancelled are treasury shares held by the company.
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TK Corp will cancel 10 billion won worth of its own shares, according to the KRX-listed company notice. The shares being cancelled are treasury shares held by the company.
SK Hynix Inc. said it plans to buy back and cancel 40 trillion won ($29 billion) of treasury stock and to allocate more than 50% of cumulative free cash flow from 2025 to 2027 to shareholder returns.
Jim Cramer says the AI data center supply chain depends too heavily on SK Hynix and Samsung shares that he says are controlled by leveraged retail traders, while SK Hynix also announced a 40 trillion won buyback and cancellation plan.