Lam Research Approves $25 Billion Share Repurchase Program and Quarterly Dividend
Lam Research (LRCX) has announced a significant capital return program, including the authorization of a new $25 billion share repurchase program. This move signals management's confidence in the company's long-term cash flow generation and valuation. In addition to the buyback, the Board approved a quarterly dividend of $0.33 per share. Shareholders of record as of December 2, 2026, will receive the payment on January 6, 2027. This dual approach of buybacks and dividends highlights the company's commitment to returning value to its shareholders.
Tickers: $LRCX
Topics: capital allocation dividend announcement stock buyback