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SK Hynix Plans to Launch a $66.4 Billion Shareholder Return Program Following Its ADR Listing
Svmuu News: Citrini analyst jukan posted on X that South Korean media reported SK Hynix is expected to announce a large-scale shareholder return program worth approximately $66.4 billion after its ADR listing. To alleviate dilution concerns and potential opposition from existing shareholders, the company reportedly reduced the ADR issuance size from 2.4% of outstanding shares to just over 2%. SK Hynix is expected to raise about 40 trillion Korean won, or approximately $26.5 billion, through the issuance of new shares in the ADR offering.
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