S&P: SK Hynix may announce a stock buyback plan of up to 40 trillion KRW in Q4

(1) S&P Global Market Intelligence pointed out that, driven by the prosperity of AI storage chips, South Korea's two major chip companies have generated record shareholder returns, with SK Hynix possibly announcing a new round of share buybacks in the fourth quarter. (2) Mohammad Hassan, Head of S&P Asia Pacific Equity Dividend Forecasting, expects the lower limit for the new round of buybacks to be about 20 trillion KRW, with the upper limit possibly reaching 40 trillion KRW (approximately $28 billion). He also predicts that more buyback plans will be announced in the fourth quarter. (3) Even with such large-scale buybacks, analysts believe that SK Hynix still retains the ability to distribute "considerable and generous" dividends.