SK Hynix is considering buying back or canceling some of its shares after listing in the United States.

According to South Korea's "Daily Economic News," an anonymous investment banker revealed that SK hynix is internally discussing utilizing funds raised from listing on American depository receipts to buy back and cancel shares worth approximately 15 trillion Korean won. The American depository receipts planned to be issued by SK hynix would account for approximately 2.4% of its total issued shares.