MU · 10-Q · 2026Q2 · Full report
Capital Allocation
MICRON TECHNOLOGY INC · 2026-06-25 · Importance 64 · Surprise 42 · In source text
Micron’s board authorized discretionary repurchases of up to $10 billion of common stock with no expiration date, and the company had repurchased $7.84 billion under the authorization through May 28, 2026. First-nine-month financing cash outflows included $9.38 billion of debt repayments, $650 million spent to acquire 2.5 million shares under the repurchase authorization, and $437 million of dividends. On June 24, 2026, the board declared a quarterly cash dividend of $0.15 per share payable July 21, 2026, to shareholders of record July 6, 2026.
Key facts
- Micron's Board authorized discretionary repurchase of up to $10 billion of outstanding common stock; through May 28, 2026 Micron repurchased $7.84 billion under the authorization. source
- On June 24, 2026 Micron's Board declared a quarterly dividend of $0.15 per share, payable July 21, 2026 to shareholders of record as of July 6, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -5.8% | Micron's Board authorized discretionary repurchase of up to $10 billion of outstanding common stock; through May 28, 2026 Micron… |
| cash | negative | committed | — | On June 24, 2026 Micron's Board declared a quarterly dividend of $0.15 per share, payable July 21, 2026 to shareholders of record as of… |