✉news BusinessMarkets first seen 6 d ago, last 6 d ago, peak #24
SK Hynix Weighs $12 Billion Special Dividend on Kioxia Gains
Original: SK Hynix Stock Rises: Korean Memory Giant Reportedly Weighs $12B Special Dividend From Kioxia Gains
SK Hynix shares rose after reports that the Korean memory chipmaker is considering a special dividend of about $12 billion, funded by gains from its stake in Kioxia, the Japanese NAND flash memory producer it helped rescue. The move would be one of the largest payouts in the company's history and signals confidence in surging memory chip demand, with investors rewarding the prospect of cash returns.
Why now: The reported size of the payout, tied to Kioxia's valuation recovery, makes it a major shareholder-return story in a hot memory market.
Rank over time, top of the chart is #1. 3 snapshots from 6 d ago to 6 d ago.
Evidence
- SK Hynix Stock Rises: Korean Memory Giant Reportedly Weighs $12B Special Dividend From Kioxia Gains · Yahoo Finance
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