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Lam Research Corporation Announces $25 Billion Share Repurchase Authorization and Declares Quarterly Dividend

PR Newswire•05/11/2026•16:05 ET
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Key Highlights

  • ➤Lam Research authorizes $25 billion common-stock repurchase program
  • ➤Lam Research declares $0.33 quarterly dividend per share
  • ➤Dividend payment scheduled for January 6, 2027, to eligible holders
  • ➤Repurchase authorization supplements remaining balances from the prior authorization

Expert Statements

Doug Bettinger, Executive Vice President and Chief Financial Officer of Lam Research

“The share repurchase authorization announced today reinforces our capital allocation plan and commitment to return significant value to stockholders through dividends and share repurchases.”

Doug Bettinger, Executive Vice President and Chief Financial Officer of Lam Research

“Our strong positioning at key technology inflections and robust cash generation give us confidence in our ability to deliver on our capital return objectives over time.”

Lam Research Corporation Announces $25 Billion Share Repurchase Authorization and Declares Quarterly Dividend PR Newswire

FREMONT, Calif., Nov. 5, 2026 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors approved a $25 billion share repurchase authorization and a quarterly dividend of $0.33 per share of common stock.

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