SK hynix Sets ~Won 100T FY2026 Return Plan: Won 30T+ Dividends, Won 60T+ Buybacks

summarizeSummary

SK hynix laid out an approximately Won 100 trillion FY2026 shareholder return plan — at least Won 30 trillion in dividends and at least Won 60 trillion in buybacks and cancellations — including a Won 20,000 Q3 dividend that carries a Won 10,000 special payout from Kioxia gains.

check_boxKey Events · Financing and Capital Events · SKHY

• Won 100T FY2026 Return Framework

  SK hynix targets approximately Won 100 trillion of shareholder returns for fiscal 2026: Won 30 trillion or more in cash dividends plus Won 60 trillion or more in treasury share acquisition and cancellation, inclusive of the Won 40 trillion program resolved in August 2026.

• Q3 Dividend Jumps to Won 20,000/Share

  The Q3 2026 dividend is Won 20,000 per share, made up of Won 10,000 reflecting earnings and Won 10,000 as a special dividend from gains on the indirect Kioxia investment; most Kioxia gains will be returned in two installments, Q3 2026 and the FY2026 annual dividend.

• New Won 20T Buyback Tranche Resolved

  The board resolved on October 28, 2026 to acquire Won 20 trillion of treasury shares, with roughly Won 10 trillion for shareholder return and roughly Won 10 trillion for executive and employee compensation; the compensation split remains subject to change.

• Quarterly Buyback Sizing, Cancellation Planned

  Future treasury share acquisition scale will be set through quarterly board resolutions based on market conditions and cash flow, and shares bought for shareholder return are expected to be cancelled.

auto_awesomeAnalysis · SKHY · Manufacturing

SK hynix has put a hard number on its full-year 2026 capital return: roughly Won 100 trillion, split into at least Won 30 trillion of cash dividends and at least Won 60 trillion of treasury share purchases and cancellations. A payout of that scale is rarely seen from any company, and the memory upcycle is funding it — Q3 alone produced 83.3 trillion won of operating profit. For holders, the detail that matters most is the dividend step-up: the Q3 payout is Won 20,000 per share, ten times the Won 10,000 earnings-based portion of which is a special dividend recycling gains on the Kioxia stake, with a second Kioxia installment folded into the FY2026 annual dividend. On the buyback side, the board resolved Won 20 trillion of purchases today, on top of the Won 40 trillion program resolved in August 2026, and management says it will revisit the size quarterly, with shareholder-return shares slated for cancellation. The main caveat: roughly half of the new Won 20 trillion tranche is earmarked for executive and employee equity compensation rather than pure return, and that allocation can still change.