SK Hynix Plans $66.4 Billion Shareholder Return Program After ADR Listing

Odaily Planet Daily News: Citrini analyst jukan posted on platform X, stating that according to South Korean media reports, SK Hynix is expected to announce a massive shareholder return program valued at approximately $66.4 billion following its ADR listing. To alleviate concerns over dilution and potential opposition from existing shareholders, the company has reportedly reduced the ADR issuance size from 2.4% of outstanding shares to slightly above the 2% range. SK Hynix is expected to raise approximately 40 trillion Korean won, or about $26.5 billion, through the issuance of new shares in the ADR offering.