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SK Hynix Plans $12 Billion Dividend From Kioxia Gains: Report

Key Points

SK Hynix Inc. plans to return about 80% of the gains from selling down its stake in Japan’s Kioxia Holdings Corp. to shareholders through a special dividend of about 16 trillion won ($12 billion), the DongA Ilbo newspaper reported.

SK Hynix Inc. plans to return about 80% of the gains from selling down its stake in Japan’s Kioxia Holdings Corp. to shareholders through a special dividend of about 16 trillion won ($12 billion), the DongA Ilbo newspaper reported.
SK Hynix (ORG) SK Hynix Inc. (ORG) Japan (LOCATION) Kioxia Holdings Corp. (ORG) Ilbo (PERSON)
Originally published by Bloomberg Technology Read original →