According to J.P. Morgan Chase, SK Hynix may return at least $130 billion to shareholders next year after completing a new huge share repurchase program. The key message of the 40 trillion won share repurchase plan announced on Wednesday is that the Korean memory chip maker has decided to raise the upper limit of shareholder return and has now promised to use more than half of the cumulative free cash flow from 2025 to 2027 for shareholder returns, compared to the previous promise of “at most 50%.” Jay Kwon, an analyst at J.P. Morgan Chase, estimates that this means that shareholders will receive “at least 180 trillion won in additional returns” in addition to the announced plans by 2027. This is equivalent to 16% of the current total market value of the stock. Analysts believe this should support the stock price after the recent wave of sell-offs.

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