$SK hynix(SKHY)$ just put a huge number on the table:
💰 $28.6B buyback planned for 2026.
That’s roughly 3% of the company’s current market cap in a single year.
And management plans to direct around 50% of free cash flow toward buybacks and dividends.
Analysts expect nearly $600B in FCF from 2026–2028.
If that plays out, we could be looking at roughly $300B returned to shareholders over just three years.
That’s more than 30% of the company’s current market value.
Think about what that means.
You’ve got a business still growing earnings, while simultaneously shrinking the share count and sending massive amounts of cash back to shareholders.
People may still view $SKHY as a “commodity” business.
But a company that can generate this much cash, keep growing earnings, and potentially buy back a third of itself deserves a closer look. 👀
The real story here may be less about what the company sells...
and more about how much of the company shareholders could end up owning. 📈
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