Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK Hynix has adjusted down the exchange price of its overseas Exchangeable Bonds issued in April 2023 from KRW 110,033 to KRW 108,811 due to a cash dividend, increasing the potential exchangeable shares by approximately 220,000 shares.
📊 Key Disclosure Contents & Financial Figures
- Category: Adjustment of Exchange Price
- Type of Security: Foreign Currency Overseas Exchangeable Bonds (Issued on April 11, 2023)
- Unexercised Principal Amount: KRW 2,191,376,240,000 (Converted to KRW using the exchange rate of 1,316.30 KRW/USD on April 3, 2023)
- Exchange Price Adjustment:
- Before Adjustment: KRW 110,033
- After Adjustment: KRW 108,811
- Change in Potential Exchangeable Shares:
- Before Adjustment: 19,915,631 shares
- After Adjustment: 20,139,289 shares (+223,658 shares)
- Reason for Adjustment: Adjustment of exchange price following a cash dividend payout
- Adjustment Formula: Adjusted Exchange Price = Prior Exchange Price × [(Market Price per Share – Cash Dividend per Share) / Market Price per Share] (Market Price per Share is calculated as the 20 consecutive trading days arithmetic average closing price prior to the dividend approval date)
- Effective Date: March 1, 2025 (Retroactively applied immediately following the record date of February 28, 2025)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Exchange Price and Exchangeable Share Count Adjustments
This disclosure provides notice of the adjustments to the exchange price and the number of exchangeable shares for foreign currency overseas Exchangeable Bonds pursuant to bond terms triggered by a cash dividend. Checking the calculated adjusted price and finalized share count based on the bond agreement upon a dividend event is important for accurately understanding the exact terms of the bonds. Relevant updated figures can be verified in subsequent periodic reports (Quarterly, Half-Yearly, and Annual Reports).
📢 Disclaimer & Source Information
Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service (DART).
Investment Risk Notice: This content is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
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