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The Business Brief FRIDAY, 21 AUGUST 2026
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SK hynix Triggers $28B Defense Against Tech Selloff

1 source ·1 article ·8h ago SK hynix

SK hynix authorized a record $28.6 billion share buyback and cancellation program after a tech selloff, backed by a $49.7 billion net cash position and rising Wall Street price targets.

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MarketBeat ·8h ago

SK hynix Triggers $28B Defense Against Tech Selloff

SK hynix authorized a record $28.6 billion share buyback and cancellation program after a tech selloff, backed by a $49.7 billion net cash position and rising Wall Street price targets.