402340 - SK Square Co., Ltd.

402340 Summary
Holding Companies
Stock Price & Overview
₩1,041,000 +60,000 (+6.12%) Close · Sep 4, 2026 KST
KOSPI | ₩KRW | Close: ₩1,041,000  ≈ US$744  ·  Market cap ₩137.3tn (≈ $98.1bn)

SK hynix Commits To Cancel The Whole ₩40tn Before Buying Any Of It

₩40.0tn≈ $28.6bn at an approximate ₩1,400/$

Filed by SK Square for its subsidiary. At the same August 19 board meeting that approved SK hynix's ₩40.0tn buyback, the board also resolved to cancel every share it buys. The document names 24,070,000 common shares out of 730,492,365, which is 3.30% of the company, but that count is simply the ₩40.0tn budget divided by the ₩1,662,000 close on August 18. The filing says plainly that the real number will differ as the price moves and that a correction will follow. The cancellation date is left blank: SK hynix will retire the whole block in one go once purchases finish on November 19. Par value is ₩5,000 and the filing confirms issued capital will not fall, only the share count. For SK Square this is the half that matters, since a buyback on its own would leave the shares sitting in treasury and available to be sold back out.

Read the original on DART ↗ Korean. DART is Korea's electronic disclosure system, run by the Financial Supervisory Service — the filing equivalent of EDGAR.
Korean form name: 주식소각결정(자회사의 주요경영사항)