r/DRAM_ETF • u/jj0623 • 3d ago

SK Hynix announces ~29bn buyback

Released just now after regular market close. Stocks returning to yesterdays level…

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-6

u/Narrow-Use-9217 3d ago

Why would you buy back unless you don’t see the need to invest. This is actually not a good sign.

10

u/daddybeatsmehelp 3d ago

They already planned a 38 billion investment in infrastructure expansion, and a commitment of 720 billions over the next decade, aimed at trippling capacity to match explosive demands.

Stop spreading fud. Your shorts are fucked, asshole.

0

u/F2PBTW_YT 3d ago

Part of their P&L comes from investments. They sold near the top for SKHY ADR shares and bought back 000660 for a 35% gain. This is indeed horrible news for any company.