SK Hynix Chairman Considers Stock Split as Shares Exceed 2 Million Won, July 10

SK Hynix-15.36%
SKHYV-0.98%
According to News1, SK Hynix Chairman Chey Tae-won said on July 10 that the company would consider a stock split if there were more requests, as the semiconductor firm's shares trade above 2 million won. At the ADR listing ceremony on the Nasdaq on July 10, Chey added that the CFO had not yet submitted such a proposal and the agenda has not reached him. A stock split would increase accessibility for retail investors by reducing the per-share price.
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