Bloomberg Television
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SK Hynix Announces $29 Billion Share Buyback Plan
Posted
August 19, 2026
Views
1,281
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15
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5
Engagement
1.56%
August 19, 2026
1,281
15
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1.56%
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1:12Now PlayingSK Hynix shares surged following the announcement of a nearly $30 billion share buyback program. Bloomberg's Ed Ludlow explains that the buyback aims to stabilize the stock after significant volatility, with shares having risen sharply in previous years but declining since June.
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