SK Hynix Plans $75 Billion Payouts as Quarterly Revenue Hits Record
Korean memory chipmaker SK Hynix plans 100 trillion won in 2026 shareholder returns, while third-quarter revenue nearly quadrupled to a record. Net profit missed estimates.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
According to Dow Jones Newswires, SK Hynix plans to return 100 trillion won, about $75.39 billion, to shareholders this year. That includes more than 30 trillion won in dividends and another 20 trillion won in share buybacks, on top of the 40 trillion won buyback the company already completed and announced in August.
Revenue for the quarter ended September rose almost fourfold to a record 104.615 trillion won, and operating profit reached an all-time high of 83.334 trillion won. Net profit came in at 39.776 trillion won, below the 61.418 trillion won FactSet-compiled consensus.
The company also pledged to return more than 50% of its cumulative free cash flow over the three years through 2027. Shares were up 2.0% in early trading on Wednesday.
why it matters
Large payouts and buybacks support demand for the stock and can improve valuation, while record revenue points to strong demand for AI-related memory chips. The profit miss shows that costs and taxes can still weigh heavily on earnings even when sales surge.
market impact
SK Hynix shares and Korean market: payouts and buybacks support the stock
- SK Hynix shares pressure up — announced payouts and share buybacks support demand for the stock
tags
instruments
sources
- SK Hynix Plans $75 Billion in Shareholder Returns After Blockbuster Earnings — Dow Jones Newswires, 28 October 2026 at 00:24 UTC
- SK Hynix Plans $75 Billion in Shareholder Returns After Blockbuster Earnings — Dow Jones Newswires, 28 October 2026 at 00:39 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗