Per Woofun AI, SK Hynix intends to deploy a massive shareholder return initiative valued at up to 100 trillion Korean won during the fourth quarter. The strategy encompasses stock repurchases and cash dividends, reflecting Chairman Choi Tae-won's strategic effort to bolster the firm's standing in global capital markets.

Industry sources indicate the buyback program will cover slightly over 2% of outstanding shares, commencing only after the completion of the American Depositary Receipt (ADR) listing, which is projected for mid-next month. This financial maneuver seeks to mitigate external concerns regarding potential value dilution from the ADR issuance while reinforcing SK Hynix's reputation as a premier global semiconductor entity.