Flexible Electronics News

Applied Materials Announces Increased Cash Dividend, $3 Billion Share Repurchase Authorization

Approved a 13 percent increase in the quarterly cash dividend

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. announced that its Board of Directors has approved a 13% increase in the quarterly cash dividend to $0.09 per share, payable on June 14, 2012 to stockholders of record as of May 24, 2012. Applied’s Board also approved a new stock repurchase program authorizing up to $3 billion in repurchases over the next three years ending in March 2015. Applied’s current stock repurchase program, begun in 2010, has less than $1.0 billion remaining and will terminate concurre...

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