SK Hynix announced a buyback of 24.07 million shares, and Gate has launched SK HYNIX perpetual contracts and SK Hynix (000660) Korean stock trading

According to SK Hynix's announcement on August 19, SK Hynix has decided to repurchase 24.07 million shares of common stock through the open market, with an expected repurchase amount of approximately 40.0043 trillion Korean won (about 28.57 billion USD). SK Hynix stated that this repurchase aims to enhance shareholder value by canceling treasury shares.

It is reported that Gate has earlier launched perpetual contracts for SKHYNIX stock and trading for SK Hynix (000660) on the Korean stock market.