SEOUL (Reuters) -- SK Square, the holding company of SK Hynix, a maker of artificial intelligence chips, on Thursday announced a plan to buy back shares and nominate an independent director as part of efforts to boost shareholder value.
The plan came after London-based hedge fund Palliser Capital this year proposed changes to address the undervaluation of the company and South Korea's government has implemented a "Value-Up" program to bolster stock prices.
