星球日报|Oct 01, 2026 02:29
[Micron Technology CFO: Plans to Increase Stock Buybacks Starting December 9, 2026]
Odaily Planet Daily News – Micron Technology Chief Financial Officer Mark Murphy stated during the earnings call that in the fourth quarter of fiscal year 2026, Micron Technology generated an impressive $44 billion in operating cash flow and $33.2 billion in free cash flow. Over time, we expect to return 100% of excess cash to shareholders. We plan to increase capital returns starting December 9, 2026 (the two-year anniversary of signing the final agreement of the CHIPS Act), primarily through stock buybacks. (CLS)
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