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Lam Research Corporation Announces Capital Return Program
March 6, 2018 12:00 PM ESTPlan to return at least 50% of free cash flow to stockholders over the next five yearsIncrease quarterly dividend 120% to $1.10/share, with a bias to grow over timeAdditional $2 billion share repurchase authorization for a total of $4 billion authorized since November 2017
FREMONT, Calif., March 06, 2018 (GLOBE NEWSWIRE) -- Lam Research Corporation (Nasdaq: LRCX) today announced its plan to return at least 50% of free cash flow to stockholders over the next five years through share repurchases and dividends. This plan includes a 120% increase of the companys quarterly dividend... More
