Korean Securities Depository: SK Hynix Sets Limit on Stock Conversion to ADR at 2.5%
BlockBeats News, July 23rd, the Korea Securities Depository (KSD) announced that SK Hynix has set the maximum limit for converting shares to American Depositary Receipts at 2.5%. The conversion limit between SK Hynix ADRs and domestic common stock in Korea has been fully utilized, and no new conversion operations can currently be conducted.
Source: BlockBeats
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