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Boosted by this news, SK Hynix's stock price rose over 2% at one point on Monday
SK Hynix confirmed on Monday that it will announce shareholder return measures concurrently with its third-quarter earnings report on Wednesday (October 28). Market widely expects this could include a special dividend of up to 16 trillion Korean Won (approximately $12.1 billion), funded by proceeds from the sale of its stake in Japanese memory chip maker Kioxia. Boosted by this news, SK Hynix's stock price rose over 2% at one point on Monday, outperforming the market, while the KOSPI index fell over 1% during the same period.
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