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Lam Research Authorises $25 Billion Share Buyback

Lam Research announced on 5 November 2026 that its board had authorised up to $25 billion in additional common-share repurchases, supplementing amounts remaining under an earlier authorisation. The semiconductor-equipment company also declared a quarterly cash dividend of $0.33 per share, payable on 6 January 2027 to shareholders of record on 2 December 2026. The repurchase plan has no expiry date and does not oblige the company to purchase a specific quantity of shares. This is a new capital-allocation announcement rather than a new earnings report.

Lam Research announced on 5 November 2026 that its board had authorised up to $25 billion in additional common-share repurchases, supplementing amounts remaining under an earlier authorisation. The semiconductor-equipment company also declared a quarterly cash dividend of $0.33 per share, payable on 6 January 2027 to shareholders of record on 2 December 2026. The repurchase plan has no expiry date and does not oblige the company to purchase a specific quantity of shares. This is a new capital-allocation announcement rather than a new earnings report.

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