The company is announcing authorization from the board of directors to repurchase up to $7B of the company’s common stock. This is in addition to the existing share repurchase authorization, which had $3.944B remaining as of Dec. 31, 2025.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KLAC:
- Citi opens ‘upside 30-day catalyst watch’ on KLA into investor day
- KLA Corp. price target raised to $1,809 from $1,751 at Morgan Stanley
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 15
- Nova price target raised to $520 from $390 at Jefferies
- KLA Declares Regular Quarterly Dividend, Reinforcing Shareholder Returns