SKHX is trading at $14.43, up 13.53% in pre-market after SK Hynix announced a 40 trillion-won share buyback and cancellation program.
- The company plans to repurchase 24.07 million shares, approximately 3.3% of shares outstanding, beginning August 20, 2026.
- SK Hynix also plans to return at least 50% of cumulative free cash flow from 2025β2027.
- The leveraged ETF is additionally benefiting from the underlying stockβs rebound after the announcement.