PANews|Aug 03, 2026 12:20
[SK Hynix ADR 'Quiet Period' Nearing Its End, Market Bets on Shareholder Return Plan Announcement]
Citrini analyst Jukan wrote that Korean media reported SK Hynix has yet to launch the previously anticipated shareholder return plan, possibly due to disclosure restrictions following its U.S. ADR listing. According to reports, the U.S. Securities and Exchange Commission (SEC) mandates that companies refrain from disclosing significant information not included in the prospectus for a certain period after completing an ADR listing. This is to prevent newly listed companies from releasing major details that differ from the listing documents, which could trigger risks under U.S. securities laws. The market generally believes this restriction period lasts 25 days from the ADR listing date (including weekends). Since SK Hynix ADR began trading in the U.S. on the 10th of last month, the restriction is expected to end after the evening of August 4, Korea time.
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