US Stock Market Move | SK Hynix (SKHY.US) rose by over 5% as Goldman Sachs Group, Inc. predicts a shareholder return rate of up to 8% by 2027.

date
21:41 20/08/2026
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GMT Eight
On Thursday, SK Hynix (SKHY.US) rose by over 5%, reaching $164.77.
On Thursday, SK Hynix (SKHY.US) rose more than 5%, closing at $164.77. In news reports, SK Hynix officially announced its long-awaited shareholder return policy after the market closed on August 19, 2026 planning to repurchase and cancel shares worth 40 trillion won, involving 24.07 million shares (accounting for 3.3% of outstanding shares as of the end of Q2 2026), equivalent to approximately $28.9 billion. This scale not only represents the largest share buyback in the history of South Korean listed companies but also exceeds the approximately $26.5 billion raised by Hynix through ADR financing in early July this year. Wall Street's two top institutions, JPMorgan Chase and Goldman Sachs Group, Inc., both gave a highly positive assessment of this announcement in their latest research reports on August 20. JPMorgan Chase noted that the shareholder return policy has been substantially upgraded from "not exceeding 50%" to "no less than 50%," indicating a shift from a policy ceiling to a policy floor. Goldman Sachs Group, Inc. predicts a shareholder return rate of up to 8% in 2027 and anticipates an additional buyback of about 7 trillion won in the future.