SK hynix reports KRW 83.3 trillion operating profit; KRW 100 trillion shareholder-return plan to unfold through payment of the final dividend for fiscal 2026
SK hynix disclosed preliminary consolidated third-quarter revenue of KRW 104.6155 trillion and operating profit of KRW 83.3338 trillion on October 28. Revenue rose 31.9% and operating profit 37.6% from the previous quarter. The approximately KRW 100 trillion in shareholder returns announced the same day was not money paid out or spent on October 28 alone. The company said in its disclosure that it planned to carry out the returns in stages through payment of the final dividend for fiscal 2026. Preliminary operating results disclosure, Disclosure of shareholder-return measures
The preliminary results give exact revenue of KRW 104.615483 trillion and operating profit of KRW 83.333818 trillion. Net profit was KRW 39.775593 trillion, down 57.7% from the previous quarter. These amounts have been converted into won from the disclosure’s reporting unit of KRW millions. The figures are preliminary, have not completed an external audit and may change when finalized. The rise in operating profit and the fall in net profit concern different measures of earnings; presenting both shows the composition of this quarter’s profit. Original preliminary results table
The company estimated approximately KRW 100 trillion in shareholder returns for the current fiscal year, describing cash dividends of at least KRW 30 trillion and share repurchases and cancellations of at least KRW 60 trillion. The figures include KRW 40 trillion in share repurchases and cancellations approved in August and exclude shares acquired for employee compensation. The company also cautioned that the total is forward-looking and may change depending on business conditions and results. Shareholder-return plan disclosure
The quarterly cash dividend approved by the board on October 28 is KRW 20,000 per common share. The total dividend is approximately KRW 14.1035 trillion and may vary with the number of shares outstanding on the record date. That date is November 30, and the company said it planned to pay within one month of it. The per-share dividend includes KRW 10,000 reflecting operating results and a KRW 10,000 special dividend related to Kioxia. The company plans to return gains from its Kioxia investment through this quarterly dividend and the final dividend. Cash dividend decision, Shareholder-return plan
The approved share repurchase has a planned value of KRW 20.00772 trillion and covers 14.92 million common shares. The exchange purchase period runs from October 29 to January 28 next year. The company expected to use approximately KRW 10 trillion for shareholder returns and approximately KRW 10 trillion for employee compensation. Counting the entire roughly KRW 20 trillion as shares to be canceled for shareholder returns would also count shares intended for compensation as shareholder returns. Share repurchase decision, Breakdown by intended use
The size of additional repurchases has not been fixed all at once. The company said the board would determine amounts each quarter, taking market conditions and cash flow into account, and that shares acquired for shareholder returns would be canceled. The announced total, the amount approved in this resolution and the amounts actually purchased or paid are different stages. This article does not include closing prices for SK hynix shares or the KOSPI, which would be confirmed after the market closed. Company fair disclosure
EEJE Editorial Analysis: To assess what shareholders will receive, the headline total needs to be considered alongside the dividend record date, purchase period and whether shares will be canceled. This disclosure fixes the per-share dividend and the terms of the current repurchase resolution; approximately KRW 100 trillion is a projected plan extending through payment of the final dividend. The company’s separation of shares for employee compensation from those for shareholder returns makes that distinction clear. Comparison of dividend, repurchase and shareholder-return measures