SK Hynix reached an agreement with the union, with 50% of the performance bonus paid in stock
SK Hynix and its union have reached an agreement on performance bonuses. According to the agreement, 50% of the bonus will be paid in cash, and the remaining 50% will be paid in company stock.
SK Hynix originally planned to pay the entire performance bonus in cash. This means the company now needs to repurchase stock equivalent to at least 50% of the total bonus amount.
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