The board of directors of Micron Technology approved the expansion of the share repurchase program, which will take effect in December. Micron stated in the 10-K document that the board of directors “approved an increase in the maximum amount of common shares that can be repurchased at its discretion from December 9, 2026 to US$35.16 billion.” Micron previously approved a $10 billion share repurchase plan, of which about $2.2 billion has not been used, and Micron's stock price fell 1% on Friday; the cumulative increase since this year was about 260%.

The board of directors of Micron Technology approved the expansion of the share repurchase program, which will take effect in December. Micron stated in the 10-K document that the board of directors “approved an increase in the maximum amount of common shares that can be repurchased at its discretion from December 9, 2026 to US$35.16 billion.” Micron previously approved a $10 billion share repurchase plan, of which about $2.2 billion has not been used, and Micron's stock price fell 1% on Friday; the cumulative increase since this year was about 260%.