SK Hynix plans $1.6 billion share buyback, new chip plant

SK Hynix plans $1.6 billion share buyback, new chip plant

5 years ago
Anonymous $RBasgWKaIV

https://www.reuters.com/article/us-sk-hynix-investment/sk-hynix-plans-1-6-billion-share-buyback-new-chip-plant-idUSKBN1KH01Q

SK Hynix Inc announced a $1.6 billion share buyback and said it would invest $3.1 billion to build a new semiconductor plant in South Korea, sending shares in the world's No.2 DRAM memory chipmaker up as much as 3.5 percent.