Micron Technology Announces Major $35 Billion Share Buyback Expansion, Signaling Strong Confidence and Growth Outlook
Micron Technology's board approved a massive expansion of its share repurchase program to approximately $35 billion, effective December. This move significantly surpasses the previous $10 billion authorization, reflecting strong confidence in future cash flow and growth prospects. Micron's stock has surged about 260% year-to-date.
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