SK Hynix (000660 KS) to cancel Treasury shares worth KRW 12.2tln

SK Hynix's decision to cancel treasury shares worth KRW 12.2 trillion signals a significant move to enhance shareholder value by reducing the total shares outstanding.

Newsquawk StaffPublished 28 Jan 2026, 07:41 UTCOn the live feed at 07:21 UTC — 5 more headlines followed before this page went public

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07:30

ASML (ASML NA) may cut approximately 1.7k jobs, affecting mainly the Netherlands and some in the US

07:30

SK Hynix (000660 KS) - FY25 (KRW): Revenue 97.1tln (exp. 96.6tln), Operating profit 47.2tln (exp. 46.0tln)

07:21

SK Hynix (000660 KS) to cancel Treasury shares worth KRW 12.2tln

07:15

Additional European Equity News

07:08

"Russia and India to conduct naval exercises in the Indian Ocean in February", Al Arabiya reports citing Tass

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Context

This action could be interpreted as a strong commitment to return capital to shareholders, potentially boosting the stock price and reflecting positively on the company's financial health. It's worth noting how this might influence investor sentiment and any implications for M&A activity in the semiconductor sector.

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