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At SK Hynix's earnings conference on Wednesday, Chief Financial Officer Kim Woo-hyun announced plans to return approximately 100 trillion won to shareholders this year, distribute at least 30 trillion won in cash dividends, and carry out stock repurchases and cancellation of at least 60 trillion won. Kim Woo-hyun said, “We believe that the current stock price does not fully reflect the company's profit and cash flow levels, and the valuation is undervalued. In this environment, repurchasing and cancelling shares is a very effective means of increasing the value per share.”
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At SK Hynix's earnings conference on Wednesday, Chief Financial Officer Kim Woo-hyun announced plans to return approximately 100 trillion won to shareholders this year, distribute at least 30 trillion won in cash dividends, and carry out stock repurchases and cancellation of at least 60 trillion won. Kim Woo-hyun said, “We believe that the current stock price does not fully reflect the company's profit and cash flow levels, and the valuation is undervalued. In this environment, repurchasing and cancelling shares is a very effective means of increasing the value per share.”
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