SK Hynix Targets July Nasdaq ADR Listing to Raise Up to $26.5 Billion, Buy Back 2% of Shares

businessstocksrumors 5 posts · 3 accounts

SK Hynix is expected to pursue a Nasdaq listing of American depositary receipts, or ADRs, in July, in a deal that could raise about 40 trillion won ($26.5 billion), according to Korean media reports. The company has reportedly reduced the offering size from 2.4% of outstanding shares to the low-2% range and plans to buy back shares equal to roughly 2% of its stock.

The buyback would form part of a broader shareholder return program worth about $66.4 billion that is expected to be announced after the listing. The measures are intended to ease dilution concerns tied to the new-share issuance, and earlier reports said the ADR process was in its final stages with only US Securities and Exchange Commission approval remaining.

From the sources (5 posts)

@jukan05

Korean Media: SK Hynix ADR Listing Expected in Mid-July - According to Korean media reports, SK Hynix’s ADR listing process is in its final stages, with only SEC approval remaining. - Citing sources familiar with the matter, Korean media

@zephyr_z9

RT @jukan05: Korean Media: SK Hynix ADR Listing Expected in Mid-July - According to Korean media reports, SK Hynix’s ADR listing process i…

@jukan05

@jukan05

Korean Media: SK Hynix Preparing Massive $66.4 Billion Shareholder Return Program Following ADR Listing - Korean media report that SK Hynix is expected to announce a large-scale shareholder return program worth approximately $66.4 billion

@ftr_investors

$HXSCL SK hynix could list ADRs on Nasdaq as early as July, potentially raising up to $26.5B and increasing its exposure to U.S. investors 🇺🇸📈 The company also plans to buy back shares equal to roughly 2% of its outstanding stock 🔁 https:/

Market impact

15 small no near-term move expected

HXSCL

Why it matters: An ADR listing to raise capital plus a ~2% buyback and a large shareholder-return program is a financing/capital-return event that mildly supports SK Hynix's own shares but does not change memory demand, pricing, or peer earnings.

At publish time: Headline is a funding/listing dollar figure ($26.5B raise) plus a buyback — a financing/milestone story discounted under the funding-number and big-number rules; no supply or capability change.

model confidence: high

What happened next

1–2 weeks later

played out moved up

SK Hynix approved the ~$29B Nasdaq ADR issuance a week later; shares jumped 13% on the listing plan, confirming the predicted mild support for its own shares.

based on follow-up coverage

Follow-up coverage

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