B · Normal
[Micron Technology expanded its stock repurchase plan to US$35 billion in December] On October 10, Micron Technology’s board of directors approved the expansion of its stock repurchase plan, which will take effect in December. Micron said in its 10-K filing that its board of directors "approved an increase in the maximum amount of common stock that may be repurchased at its discretion beginning December 9, 2026 to $35.16 billion." Micron previously approved a $10 billion stock repurchase plan, of which approximately $2.2 billion has not yet been used. Micron shares fell 1% on Friday and have risen about 260% this year.
TMT Industry Observation 🕐 2026-10-10 04:41
#TMT Industry Observation #buy back shares #U.S. stock trends
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