B · Normal
[SanDisk: Return 100% of surplus cash to shareholders US$5 billion has been invested in stock repurchases in the first fiscal quarter] October 30th, SanDisk management said on Thursday Eastern Time in the first fiscal quarter of fiscal 2027 conference call that "approximately 60% of this quarter's revenue growth was attributed to sales growth, and 40% was attributed to Prices are rising. "Based on strong order visibility, SanDisk expects second-quarter revenue to be between US$12.2 billion and US$12.6 billion. At the same time, the company has pledged to return 100% of surplus cash to shareholders and has spent US$5 billion on stock repurchases this quarter.
buy back shares 🕐 2026-10-30 10:24
#buy back shares #U.S. stock trends #memory chip #memory
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