Sentiment: Positive
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SK Hynix (SKHY) Stock Jumps 4% on $29 Billion Buyback Plan
By Trader Edge at 2026-10-01 05:29
Sentiment: Positive
TLDR SK Hynix announced a $29 billion stock buyback plan, covering around 24.07 million shares over three months starting August 20. The company said it believes its value is “not fully reflected in its current stock price.” U.S.-listed ADRs rose nearly 4% to $161.67 Wednesday after falling 9% the prior day. SK Hynix will return [...] The post SK Hynix (SKHY) Stock Jumps 4% on $29 Billion Buyback Plan appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central