KLAC · 10-K · 2026A · Full report
Capital Return Program
KLA CORP · 2026-08-06 · Importance 69 · Surprise 50 · In source text
KLA repurchased $2.29 billion of common stock in fiscal 2026, up from $2.15 billion in fiscal 2025, and had $9.74 billion of repurchase authority remaining at June 30, 2026.,The Board increased authorized repurchase capacity by $7.00 billion in the third quarter of fiscal 2026, in addition to $3.94 billion remaining under the prior authorization at December 31, 2025.,Cash dividends and dividend equivalents paid increased to $1.06 billion from $904.6 million, reflecting quarterly dividend increases from $0.170 to $0.190 per share and then to $0.230 per share.,The $0.230 per-share quarterly dividend represented KLA’s 17th consecutive annual dividend increase, and the Board declared another $0.230 per-share quarterly dividend on August 6, 2026.
Key facts
- Board authorized an increase in the repurchase amount of $7.00 billion in the third quarter of fiscal 2026. source
- As of June 30, 2026, we had $9.74 billion of repurchase authority remaining. source
- We increased the regular quarterly cash dividend from $0.170 to $0.190 per share in the fourth quarter of fiscal 2025 and from $0.190 to $0.230 per share in the third quarter of fiscal 2026. source
- We made $2.29 billion in share repurchases in the year ended June 30, 2026. source
- Total amount of stock repurchases during fiscal years ended June 30, 2026, 2025 and 2024 were $2.29 billion, $2.15 billion and $1.74 billion, respectively. source
- Regular quarterly cash dividends and dividend equivalents paid during fiscal years ended June 30, 2026, 2025 and 2024 were $1.06 billion, $904.6 million and $773.0 million, respectively. source
- We paid $1.06 billion in dividends in the year ended June 30, 2026. source
- The Company effected a ten-for-one stock split of its common stock on June 11, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -33.1% | Board authorized an increase in the repurchase amount of $7.00 billion in the third quarter of fiscal 2026. |
| cash | negative | realized | -12.8% | We made $2.29 billion in share repurchases in the year ended June 30, 2026. |
| cash | negative | realized | -5.9% | We paid $1.06 billion in dividends in the year ended June 30, 2026. |