MKS Inc. Announces $500 Million Share Repurchase Program and Declares Quarterly Cash Dividend
Key Highlights
- ➤$500 million share repurchase program replaces prior authorization
- ➤$0.25 quarterly cash dividend payable December 7, 2026
- ➤Dividend record date set for November 25, 2026
- ➤John T.C. Lee cites confidence in strategy, financial position, cash generation
Expert Statements
John T.C. Lee, President and CEO of MKS Inc.
“The repurchase program reinforces our confidence in our strategy, financial position, and long-term cash generation.”
John T.C. Lee, President and CEO of MKS Inc.
“Share repurchases provide us with an opportunity to return capital to shareholders while we continue to invest in organic growth, strengthen the balance sheet and pursue disciplined capital allocation.”
ANDOVER, Mass., Nov. 04, 2026 (GLOBE NEWSWIRE) -- MKS Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has approved a share repurchase program of up to $500 million and authorized a quarterly cash dividend of $0.25 per share.
The new share repurchase program replaces the prior share repurchase program approved in July 2011, of which approximately $28 million remained available. The repurchase program allows the Company to repurchase up to an aggregate of $500 million of shares of its common stock from time to time on the open market, in privately negotiated transactions, or by other appropriate means. The repurchase program may be suspended or terminated by the Company’s Board of Directors at any time.
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