SK Hynix has officially announced a decision to dispose of a portion of its treasury shares to be used as compensation for its independent directors. The company intends to dispose of 82 shares of Common Stock at a price of 1,495,000 KRW per share, based on the closing price as of August 6, 2026. The total estimated disposal amount is 122,590,000 KRW (~$87,348.26 USD based on 1407 KRW/USD).
The disposal is scheduled to take place between August 8, 2026, and September 7, 2026, with the actual transfer of shares to the individual accounts of the six independent directors expected to occur after August 19, 2026. This action is intended to enhance compensation competitiveness and reflect the increased legal responsibilities and expanded scope of oversight required of the independent directors.
Prior to this decision, SK Hynix held a total of 1,626,309 shares of treasury stock. The company noted that because the number of shares to be disposed of represents less than 0.0001% of the total issued shares, the dilution effect on shareholder value is considered negligible. SK Securities Co., Ltd. will serve as the brokerage firm for this transaction.