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[BUSINESS]■ STORY TIMELINE

SK HYNIX UNVEILS $29B BUYBACK TO SHORE UP STOCK

SK Hynix announced a 40 trillion won ($29 billion) share buyback program as the memory chipmaker seeks to stabilize its stock amid investor concerns over AI spending sustainability.

3 SOURCESFIRST SEEN AUG 19, 06:56 AM► READ THE ARTICLE
Bloomberg Tech+0m

SK Hynix Inc. unveiled plans to buy back 40 trillion won ($29 billion) of its own shares, moving to calm investors worri…

Bloomberg Tech+2h 49m

SK Hynix revealed plans to buy back 40 trillion won ($29 billion) of stock and return more of its profits to shareholder…

Bloomberg Tech+7h 18m

SK Hynix shares surged following the announcement of a nearly $30 billion share buyback program. Bloomberg's Ed Ludlow e…