Lam Research authorizes 25 billion dollar share repurchase

Lam Research said its board approved a 25 billion dollar share repurchase authorization and raised its quarterly dividend by 27 percent to 0.33 dollars a share.

Why it matters: The authorization, the largest capital return step in the chip equipment maker's current programme, supplements what remains of its earlier buyback and was announced on the day its shares fell sharply in the semiconductor selloff.

Data as of Lam Research Form 8-K filed November 5, 2026 (accession 0000707549-26-000057), read in full from the SEC filings lane copy in this run; all figures are the filing's own, including the press release furnished as Exhibit 99.1. Developing item.

Lam Research said on Thursday that its board of directors approved a 25 billion dollar share repurchase authorization, supplementing the remaining balance under its prior authorization. The programme has no termination date, may be suspended or discontinued at any time, and does not oblige the company to buy any shares. The board also declared a quarterly dividend of 0.33 dollars a share, up 0.07 dollars, or 27 percent, from 0.26 dollars, payable on January 6, 2027 to holders of record on December 2, 2026.

The announcement came in a Form 8-K that also reported the results of the company’s annual meeting on November 3, where all ten director nominees were elected and a shareholder proposal on the right to call a special meeting was not approved, with 42.22 percent of votes cast in favour.

Lam Research authorizes 25 billion dollar share repurchase

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