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LamResearch

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Lam Research jumps after announcing $10 bln buyback, 10-for-1 stock split

BUZZ-Lam Research jumps after announcing $10 bln buyback, 10-for-1 stock split ** Shares of chip-making equipment firm Lam Research LRCX.O rise 4.43% to $983.75 premarket ** Co says the board has approved a 10-for-1 stock split and share buyback worth up to $10 billion ** Stock split is expected to be effective after the market close on Oct. 2 - Co
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Lam Research unveils $10 billion buyback, 10-for-1 stock split

UPDATE 1-Lam Research unveils $10 billion buyback, 10-for-1 stock split Adds CFO comment, details May 21 (Reuters) - Lam Research's LRCX.O board has approved a 10-for-1 stock split and share buyback worth up to $10 billion, the chip-making equipment firm said on Tuesday, amid signs that its business was benefiting from the AI-fueled jump in semiconductor demand.
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Lam Research to repurchase up to $10 billion shares

Lam Research to repurchase up to $10 billion shares May 21 (Reuters) - Lam Research LRCX.O said on Tuesday its board has approved an up to $10 billion share repurchase plan and a forward split of its outstanding shares at a ratio of 10:1. Reporting by Yuvraj Malik in Bengaluru; Editing by Shilpi Majumdar
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Moderna Inc MRNA.OQ +6.0% Applied Materials Inc AMAT.OQ +3.9% Netflix Inc NFLX.OQ +3.5% Micron Technology Inc MU.OQ +3.4% Lam Research Corp LRCX.OQ +3.3% Bottom Performers Percent Change Dollar Tree Inc DLTR.OQ -3.4% DoorDash Inc DASH.OQ -2.8% IDEXX Laboratories Inc IDXX.OQ -2.4% Cisco Systems Inc CSCO.OQ -2.3% Lululemon Athletica Inc LULU.OQ -2.2% The Nasdaq 100 .NDX gained 128.4
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Moderna Inc MRNA.OQ +4.5% Applied Materials Inc AMAT.OQ +3.6% KLA Corp KLAC.OQ +3.3% Micron Technology Inc MU.OQ +3.3% Lam Research Corp LRCX.OQ +3.2% Bottom Performers Percent Change DoorDash Inc DASH.OQ -3.6% Lululemon Athletica Inc LULU.OQ -3.3% IDEXX Laboratories Inc IDXX.OQ -2.4% Dollar Tree Inc DLTR.OQ -2.1% Tesla Inc TSLA.OQ -1.9% The Nasdaq 100 .NDX gained 115.01 points, o
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