S&P sees more SK hynix buybacks, warns of higher dividend bar

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SK hynix could announce another share buyback of up to 40 trillion won ($28 billion) in the fourth quarter, as the AI memory boom fuels record shareholder returns from Korea’s two largest chipmakers, according to S&P Global Market Intelligence. “We think that there will be more buybacks that will get announced in Q4,” Mohammad Hassan, S&P’s head of Asia-Pacific equities dividend forecasting, said in an interview with The Korea Herald in Seoul on Thursday. “It would be on the lower end of maybe 2

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