SK Hynix Could Return at Least Krw245t to Shareholders

Dow Jones
08/20

0108 GMT - SK Hynix could return at least 245 trillion won to shareholders until 2027, Hanwha Securities' Park Jun-young says. The analyst expects the South Korean chip maker to generate free cash flow of 491 trillion won over 2025-2027--28.8 trillion won last year, 191.6 trillion won this year and 270.6 trillion won next year--as it pledges to return more than 50% of its cumulative FCF to investors. SK Hynix "demonstrates confidence in its future cash generation and financial strength" by announcing a large-scale 40 trillion won share buyback plan preemptively before its cumulative FCF is finalized, Park writes in a note.

 

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