UBS Raises Price Target on Lam Research (LRCX) to $116
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Lam Research Corporation Announces $1.3 Billion Capital Return Program
November 18, 2016 1:00 PM ESTAnnounces $1 billion share repurchase authorization50% increase of quarterly dividend to $0.45 from $0.30 per share
FREMONT, Calif., Nov. 18, 2016 (GLOBE NEWSWIRE) -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $1 billion share repurchase authorization, with execution planned over the next 12 to 18 months; and a 50% increase of the companys quarterly dividend.
On an annualized basis, the quarterly dividend of $0.45 per share of common stock will return approximately $291 million to stockholders based on shares outstanding as of September 25, 2016. The increased dividend payment has been... More
Lam Research Corporation (Nasdaq: LRCX) to Ring The Nasdaq Stock Market Closing Bell
November 17, 2016 10:00 AM ESTADVISORY, Nov. 17, 2016 (GLOBE NEWSWIRE) --
What: Â Lam Research Corporation (Nasdaq: LRCX), a trusted global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, will visit the Nasdaq MarketSite in Times Square.
In honor of the occasion, Martin B. Anstice, President and Chief Executive Officer, will ring the Closing Bell.
Where:Â Nasdaq MarketSite 4 Times Square 43rd & Broadway Broadcast Studio
When:Â Friday, November 18, 2016 3:45 p.m. to 4:00 p.m. ETÂ
Lam Research Media... More
