金色财经|Oct 09, 2026 23:27
[Micron Technology Expands Stock Buyback Program to $35 Billion in December]
According to a report by Jinse Finance, on October 10, Micron Technology's board of directors approved an expansion of its stock buyback program, which will take effect in December. In its 10-K filing, Micron stated that the board has 'approved increasing the maximum amount of common stock that may be repurchased at the board's discretion to $35.16 billion, effective December 9, 2026.' Previously, Micron had approved a $10 billion stock buyback program, with approximately $2.2 billion of that amount still unused. Micron's stock price fell 1% on Friday but has risen about 260% year-to-date.
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