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SK Hynix completes 40 trillion won share buyback

Original: sk hynix stock

SK Hynix has completed a share buyback programme worth 40 trillion won, raising its treasury stock holdings to 3.47% of shares outstanding. The move by the South Korean memory chipmaker, a key supplier to AI companies, is drawing attention from investors watching the semiconductor sector as searches for the company's stock trend in the US and Canada.

Why now: The completion of the large buyback and the company's central role in the AI chip boom are drawing investor attention to the stock.

SK Hynix

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