8-K filed Nov 5, 2026
Lam Research authorizes $25B for stock buybacks
“FREMONT, Calif. -- (PRNewswire) – November 5, 2026 — Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors approved a $25 billion share repurchase authorization and a quarterly dividend of $0.33 per share of common stock.”
From Lam Research’s 8-K filed Nov 5, 2026 · read the filing · all documents
How big is it?
Lam Research bought back $3.9B of stock in the twelve months to Sep 27, 2026. At that pace, $25.0B covers about 6.4 years of buybacks.
The amount equals 382% of its free cash flow over the same twelve months ($6.5B).
Its diluted share count is down 1.1% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q4 '23 | $645.5M |
| Q1 '24 | $980.6M |
| Q2 '24 | $373.6M |
| Q3 '24 | $997.0M |
| Q4 '24 | $697.7M |
| Q1 '25 | $435.3M |
| Q2 '25 | $1.3B |
| Q3 '25 | $975.8M |
| Q4 '25 | $1.5B |
| Q1 '26 | $1.2B |
| Q2 '26 | $246.6M |
| Q3 '26 | $1.0B |