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SK Hynix to announce steps to boost shareholder returns on Wednesday
SEOUL: SK Hynix said it will announce shareholder return measures on Wednesday when the South Korean chipmaker releases quarterly results, responding to a report that it is considering a special dividend of about 16 trillion won ($12 billion). South Korean newspaper Dong-A Ilbo reported on Monday that SK Hynix is considering the special dividend, which will be funded by gains from selling its stake in Japanese memory chipmaker Kioxia. SK Hynix has not publicly disclosed details of the stake sale, which was completed earlier this year, and analysts estimate that it recognised hefty cumulat...
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