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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lam Research Corporation | NASDAQ:LRCX | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -23.74 | -2.65% | 870.67 | 874.10 | 874.46 | 899.895 | 863.95 | 883.08 | 1,187,772 | 00:52:42 |
From May 2022 to May 2024
By Maria Armental
Lam Research Corp.'s board authorized $5 billion to buy back stock.
The $5 billion authorization supplements the remaining balances from prior authorizations and has no termination date, the company said.
For the nine months through March, the company reported a profit of $3.4 billion and $12.59 billion in revenue, up from a profit of $2.76 billion and $10.48 billion in revenue for the comparable nine-month period a year earlier.
California-based Lam Research supplies wafer fabrication equipment and services to the semiconductor industry.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
May 11, 2022 17:38 ET (21:38 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Lam Research Chart |
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