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SK Hynix plans about $75 billion in shareholder returns after Q3 profit jump
SK Hynix said it will return about 100 trillion won ($75 billion) to shareholders this year, including cash dividends and buybacks, after a sharp rise in third-quarter operating profit.
SK Hynix said it will pursue shareholder returns of about 100 trillion won, or roughly $75 billion, this year after reporting a sharp rise in third-quarter operating profit, CNA, The Korea Herald and Investing.com reported1,2,3.
CNA said quarterly operating profit was 83.3 trillion won, compared with 11.4 trillion won a year earlier, a more than seven-fold increase, and that revenue rose 328 percent to 104.6 trillion won1. Investing.com put operating profit at 83.33 trillion won, up 632 percent year on year, and net income at 39.78 trillion won, up 216 percent3.
The Korea Herald described the same quarter as a sequential record: operating profit up 38 percent from the prior quarter to 83.33 trillion won, with an operating margin of nearly 80 percent, and revenue up 32 percent to 104.62 trillion won2.
CNA said the return plan comprises cash dividends of 30 trillion won and share repurchases and cancellations of 60 trillion won, including 40 trillion won announced in August1. Investing.com used the same split as floors of 30 trillion won or more in cash dividends and 60 trillion won or more in buybacks3. The Korea Herald likewise said the 2026 plan is at least 30 trillion won in cash dividends and at least 60 trillion won in buybacks and cancellations, and that the August 40 trillion won program was completed last week2.
The Korea Herald said the board on Wednesday approved a further 20 trillion won in share buybacks, of which 10 trillion won will be canceled as part of the shareholder-return program and 10 trillion won is reserved for employee compensation and excluded from that total2. CNA and Investing.com did not report that split1,3.
The Korea Herald said the board also approved a third-quarter dividend of 20,000 won per share, including a special dividend of 10,000 won tied to SK Hynix’s investment in Kioxia, and that the company said it would return most of the gains from that investment this year2. Investing.com said the company plans to return 50 percent or more of free cash flow to shareholders and share most of those Kioxia gains3.
CNA said the operating profit beat an LSEG SmartEstimate of 76.7 trillion won1. Investing.com cited a Bloomberg estimate of 77.5 trillion won3.
Sources
How it’s being reported
3 sourcesFirst reported by
The Korea Herald
SK Hynix unveils shareholder return plan worth $75 billion after posting 7-fold jump in Q3 profit
Year-on-year operating-profit jump and the $75.4 billion return total.
CNA reported a more than seven-fold rise in quarterly operating profit and a 100 trillion won shareholder-return plan split between dividends and buybacks.
Leaves out Quarter-on-quarter comparisons and the extra 20 trillion won buyback split Korea Herald described.
SK hynix posts record Q3 profit, plans W100tr in shareholder returns this year
Quarter-on-quarter records, the 20 trillion won board-approved buyback, and the 20,000 won Q3 dividend.
The Korea Herald reported record quarterly earnings and a 100 trillion won return plan, including a new 20 trillion won buyback and a Kioxia-linked special dividend.
Leaves out The LSEG SmartEstimate CNA cited.
SK Hynix Q3 profit beats expectations, vows $75 bln in shareholders returns
Year-on-year percentages and the free-cash-flow return commitment.
Investing.com reported a 632 percent year-on-year operating-profit rise and the same 100 trillion won return mix, plus a 50 percent free-cash-flow pledge.
Leaves out The 20,000 won per-share dividend Korea Herald reported.
Where they agree
- SK Hynix reported third-quarter operating profit of about 83.3 trillion won
- The company plans about 100 trillion won in shareholder returns this year
- The mix is about 30 trillion won in cash dividends and about 60 trillion won in buybacks and cancellations, including 40 trillion won announced in August