[Conference Call] SK hynix: "Pursuing Over 100 Trillion Won in Net Cash and Expanding Shareholder Returns... Actively Considering Share Buybacks and Cancellations"

On April 23, during its first quarter earnings conference call, SK hynix stated, "Given the high investment returns confirmed by our first quarter results, we believe that reinvesting the cash generated into our business is currently the best way to utilize our capital. We will further strengthen our financial soundness to ensure that we can make long-term and strategic investments regardless of market conditions, thereby securing a foundation for long-term growth."

The company added, "Considering our record-high profit-generating capability, achieving a net cash position of more than 100 trillion won and expanding shareholder returns are both attainable goals. Along with dividends, we will also actively consider additional shareholder return measures such as share buybacks and cancellations, and will establish an implementation plan within this year."

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