Economic TimesLean R·
South Korea’s SK Hynix announces buyback after stock crashes 50% in two months, wipes off massive retail wealth
SK Hynix announced a record 40 trillion won share buyback and cancellation after its stock plunged nearly 50%. South Korea’s Kospi also tumbled amid chipmaker concentration, leveraged ETF risks and rising bond yields, intensifying pressure for shareholder returns.
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