Friday, 24 March, 2023

Applied Materials Announces new $10 billion Share Buyback plan, Hikes Dividend

<p>Applied Materials, a leading semiconductor equipment manufacturer, has announced a new $10 billion share buyback plan and a 14% increase in its quarterly dividend. The buyback plan is in addition to the $6.2 billion already authorized for repurchasing shares, and demonstrates the company&#39;s commitment to returning value to its shareholders. The dividend increase, which brings the quarterly payout to $0.30 per share.</p>