SK Hynix’s $1,200 Share Price Spurs Stock-Split Talk After $28.9 Billion Buyback

Forecast Trend Report by Period

SK Hynix Unveils $28.9 Billion Shareholder Return Plan

Stock-Split Talk Builds as Shares Top 1.7 Million Won

Chey Tae-won Says Company Would Review It if Investors Ask

HBM Demand, Memory Prices Matter More Than Liquidity Boost

Analysts are discussing a potential stock split as SK Hynix’s next shareholder return measure after the company announced a 40 trillion won ($28.9 billion) share buyback and cancellation plan. With the stock having climbed above 1.7 million won, the high entry cost for retail investors has fueled expectations that the company could take additional steps to improve accessibility and trading liquidity.

$28.9 Billion Buyback to Be Fully Canceled

According to EpicAI, an AI-based investment information platform, SK Hynix fell 9.75% to close at 1.5 million won on the Kospi on Aug. 19. Rising global long-term bond yields weighed on valuations for growth stocks, while foreign selling sparked profit-taking in large semiconductor names including Samsung Electronics and SK Hynix.

Sentiment reversed after the close. SK Hynix announced a 40 trillion won ($28.9 billion) share buyback and cancellation plan, and the stock recouped most of its losses in Nextrade’s after-hours market, ending at 1.624 million won, down 2.29% from the previous session. That was an 8.27% rebound from the regular-session close.