The East Asia Daily quoted an anonymous investment bank source as reporting that SK Hynix plans to return about 80% of the proceeds from the sale of some of Japan's Kioxia core shares to shareholders in the form of a special dividend of about 16 trillion won. SK Hynix is expected to announce this special dividend plan when the third quarter earnings report is released on October 28. According to estimates, SK Hynix disposed of Kioxa-related investments in the first and second quarters of this year, and after deducting the initial investment, achieved revenue of about 20 trillion won. SK Hynix invested a total of 395 billion yen in the 2018 Kioxia transaction, of which 266 billion yen was invested in funds led by Bain Capital, and 129 billion yen was invested in convertible bonds; as Bain Capital reduced its holdings in batches, all of the capital invested in the fund was recovered. Note: SK Hynix still holds convertible bonds and can hold 14.19% of Kioxia's dominant shares after exercising the right.

Zhitongcaijing · 1d ago
The East Asia Daily quoted an anonymous investment bank source as reporting that SK Hynix plans to return about 80% of the proceeds from the sale of some of Japan's Kioxia core shares to shareholders in the form of a special dividend of about 16 trillion won. SK Hynix is expected to announce this special dividend plan when the third quarter earnings report is released on October 28. According to estimates, SK Hynix disposed of Kioxa-related investments in the first and second quarters of this year, and after deducting the initial investment, achieved revenue of about 20 trillion won. SK Hynix invested a total of 395 billion yen in the 2018 Kioxia transaction, of which 266 billion yen was invested in funds led by Bain Capital, and 129 billion yen was invested in convertible bonds; as Bain Capital reduced its holdings in batches, all of the capital invested in the fund was recovered. Note: SK Hynix still holds convertible bonds and can hold 14.19% of Kioxia's dominant shares after exercising the right.