AMD (AMD) Announces New $6 Billion Share Repurchase Authorization

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Go back to AMD (AMD) Announces New $6 Billion Share Repurchase Authorization

AMD Announces New $6 Billion Share Repurchase Authorization

May 14, 2025 9:00 AM EDT

SANTA CLARA, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that its board of directors approved a new $6 billion share repurchase program. The new authorization is in addition to the remaining balance, as of March 29, 2025, of approximately $4 billion of its existing share repurchase program, increasing the total current repurchase authority to approximately $10 billion.

Our expanded share repurchase program reflects the Boards confidence in AMDs strategic direction, growth prospects, and ability to consistently generate strong free cash flow, said AMD Chair... More