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    A000660   KR7000660001

SK HYNIX INC.

(A000660)
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Samsung Electronics urges shareholders to use electronic voting for AGM amid coronavirus

03/16/2020 | 12:22am EDT
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul

Technology giant Samsung Electronics has adopted electronic voting for the first time ever for this year's annual general meeting (AGM) on March 18, urging shareholders to use it to help curb the spread of coronavirus.

Samsung's AGM is taking place at a convention centre in Suwon, about 30 km (18 miles) south of Seoul, with a capacity of about 3,000 people according to the centre website. Samsung's investor relations website on Monday urged shareholders to take advantage of the chance to vote via the internet up to March 17.

The company conducted a 1-to-50 stock split in 2018, leading to a massive increase in shareholder numbers.

In what is the second-largest outbreak in Asia after China, South Korea reported 74 new coronavirus infections on Monday, bringing the country's total to 8,236.

Reflecting guidance from the Korea Centers for Disease Control and Prevention guidance, Samsung specifically called for electronic voting by shareholders with symptoms, or who have visited regions with high-risk regions, or who are identified as high-risk such as pregnant women and those aged 65 or above.

The shareholders' meeting will be equipped with thermal cameras and contactless thermometers, and shareholders with fever or cough symptoms may be restricted from entering. Those with a fever at the scene will be directed to a location away from the main hall, the website said.

Other Samsung affiliates, including Samsung Electro-Mechanics, Samsung SDI and Samsung SDS will also hold AGMs on Wednesday.

World's second-largest memory chip maker SK Hynix, which will hold its AGM on Friday, plans to seat shareholders about two metres away from each other, a spokesman said.

(Reporting by Joyce Lee; Editing by Kenneth Maxwell)


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
SAMSUNG ELECTRO-MECHANICS CO., LTD. -0.56% 178500 End-of-day quote.0.28%
SAMSUNG ELECTRONICS CO., LTD. 1.45% 77200 End-of-day quote.-4.69%
SAMSUNG SDI CO., LTD. 0.00% 725000 End-of-day quote.15.45%
SAMSUNG SDS CO.,LTD. 0.60% 168000 End-of-day quote.-5.88%
SK HYNIX INC. 2.88% 107000 End-of-day quote.-9.70%
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Analyst Recommendations on SK HYNIX INC.
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Financials
Sales 2021 42 972 B 36,2 B 36,2 B
Net income 2021 9 587 B 8,08 B 8,08 B
Net Debt 2021 5 996 B 5,05 B 5,05 B
P/E ratio 2021 8,05x
Yield 2021 1,31%
Capitalization 73 575 B 62 212 M 62 024 M
EV / Sales 2021 1,85x
EV / Sales 2022 1,32x
Nbr of Employees 29 047
Free-Float 73,9%
Chart SK HYNIX INC.
Duration : Period :
SK hynix Inc. Technical Analysis Chart | A000660 | KR7000660001 | MarketScreener
Technical analysis trends SK HYNIX INC.
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 34
Last Close Price 107 000,00 KRW
Average target price 159 294,12 KRW
Spread / Average Target 48,9%
EPS Revisions
Managers and Directors
Seok-Hee Lee President, Chief Executive Officer & Director
Jung-Ho Park Co-Chief Executive Officer & Director
Kwon Hong Managing Director & Head-Finance
Tae-Won Chey Chairman-Executive Board
Tae-Hoon Kim Managing Director & Head-Technology
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