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According to Yonhap News Agency, following Samsung Electronics, SK Hynix's large-scale share buyback also concluded on the 21st. SK Hynix said the company completed a two-month, 40 trillion won share buyback on the Korea Exchange (KOSPI) that day. SK Hynix had previously announced it would spend 40.0434 trillion won to repurchase 24.07 million of its own shares and cancel all of them after the buyback was completed. The repurchased shares account for about 3.3% of the company's total issued shares, making it the largest share cancellation by a South Korean listed company. SK Hynix's originally announced buyback period was from August 20 to November 19, but the actual repurchase was completed about a month ahead of schedule.
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