Lam Research announced that its Board of Directors has approved a new $25 billion share repurchase authorization and declared a quarterly cash dividend of $0.33 per share. This capital return initiative reinforces the company's plan to return significant value to stockholders, citing strong cash generation and confidence in its business outlook.
Key Details
- Share Repurchase Program: A new $25 billion share repurchase authorization was approved, supplementing any remaining balance from the prior program. The program has no termination date.
- Quarterly Dividend: The company declared a quarterly dividend of $0.33 per share, payable on January 6, 2027, to stockholders of record as of December 2, 2026.