SK hynix to unveil shareholder returns Oct. 28 amid talk of 16 trillion won special dividend
SK hynix will outline additional shareholder return measures on Oct. 28 alongside its third-quarter earnings. The company has not confirmed speculation about a 16 trillion won ($12.1 billion) special dividend, equal to 80% of an estimated 20 trillion won gain on its Kioxia investment.
- A 16 trillion won payout would equal about 23,000 won per share vs. the regular 1,500 won
- Gains on the Kioxia investment are estimated at around 20 trillion won
- The 40 trillion won share buyback program was completed on Oct. 21
- Q3 operating profit consensus is about 7.7 trillion won
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