SK Hynix will utilize earnings from its investment in Japan's Kioxia to issue a special dividend. The company has decided to set the dividend for the third quarter at 20,000 won per share and plans to expand its stock buyback and cancellation program.
During a conference call on October 28, SK Hynix announced, "We plan to return most of the earnings from our Kioxia investment as a special dividend," adding, "A portion will be paid this quarter, and the remainder will be included in the final dividend after the fiscal year 2026 results are confirmed."
The board of directors approved a total cash dividend of 14 trillion won for the third quarter, which includes a regular dividend of 10,000 won per share and an additional special dividend of 10,000 won to share the success of the Kioxia investment.
The company will also continue its stock buyback program. Of the planned 20 trillion won in buybacks this quarter, 10 trillion won designated for shareholder returns will be fully canceled, while the remaining 10 trillion won will be used for employee compensation.
* This article has been translated by AI.
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