SK Hynix plans to launch a massive shareholder return plan worth 100 trillion Korean won, with Choi Tae won personally betting BlockBeats reported on June 16th that SK Hynix plans to launch a massive shareholder return policy of up to KRW 100 trillion in the fourth quarter of this year, including repurchasing its own stocks and cash dividends, according to an exclusive report by the Korea Economic Daily. This move has been interpreted by the outside world as a major strategic bet by SK Group Chairman Choi Tae won, aimed at enhancing the company's position and valuation in the global capital market through large-scale shareholder returns. According to sources from investment banks and the semiconductor industry, SK Hynix's self repurchase of shares accounts for just over 2% of its outstanding shares and will be officially launched after completing the listing of American Depositary Receipts (ADRs). The ADR listing is expected to be completed in mid next month. The large-scale shareholder return plan aims to eliminate concerns from the outside world that the ADR listing may dilute the value of existing shareholders, while further consolidating SK Hynix's market image as a top global semiconductor company. [Original link]