SK HERCULES ANNOUNCED A REPURCHASE PLAN OF $29 BILLION AND A 7.1 PER CENT INCREASE IN STOCK PRICES

THE SK HERCULES ($SKHY) ANNOUNCED A STOCK BUY-BACK PLAN OF UP TO $29 BILLION, WITH STOCK PRICES INCREASING BY 7.1 PER CENT. THE AI CHIP GIANT WILL REPURCHASE AND CANCEL UP TO 24 MILLION SHARES WITHIN THE NEXT THREE MONTHS AND WILL COMMENCE ON 20 AUGUST. IN ADDITION, SK HERCULES WILL RETURN AT LEAST 50 PER CENT OF THE 2025-2027 FREE CASH FLOW TO SHAREHOLDERS。