SK Hynix Plans to Launch a $66.4 Billion Shareholder Return Program Following Its ADR Listing
Svmuu News: Citrini analyst jukan posted on X, stating that South Korean media reports indicate SK Hynix is expected to announce a large-scale shareholder return plan worth approximately $66.4 billion following its ADR listing. To alleviate concerns about dilution and potential opposition from existing shareholders, the company has reportedly reduced the size of the ADR offering from 2.4% of outstanding shares to just over 2%. SK Hynix is expected to raise approximately 40 trillion won—equivalent to about $265 billion—through the issuance of new shares as part of the ADR offering.
Source:Odaily · Source Link
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