Micron Technology (MU) Develops Industry’s First PCIe Gen6 Data Center SSD for Ecosystem Enablement

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Micron resumes buybacks; shares gain

August 7, 2024 10:40 AM EDT

Micron Technology (NASDAQ: MU) shares rose Wednesday after the company said it would resume its share repurchase program.

The company's stock is currently up more than 3%, trading around the $91.80 mark. For the year-to-date, MU shares have gained over 9%, although they have fallen by more than 30% in the last month.

In May 2018, the company announced that its Board of Directors had authorized a stock repurchase program, with Micron... More