Lam Research’s Board of Directors approved a new $25 billion share repurchase authorization. It supplements the remaining balances under previous authorizations and has no set expiration date.
The company also declared a quarterly dividend of $0.33 per share. It will be paid on January 6, 2027, to shareholders of record as of December 2, 2026.
CFO Doug Bettinger said the moves reinforce Lam’s capital allocation plan and commitment to returning significant value to stockholders, supported by strong cash generation.