Flexible Electronics News

Applied Materials Announces New $2 Billion Share Repurchase Program

Also approves a quarterly cash dividend of $0.10 per share payable on the company’s common stock.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. announced that its Board of Directors has approved a new $2 billion share repurchase program. This follows the completion of the $3 billion share repurchase program originally approved by the Board on April 26, 2015.   The Board of Directors also has approved a quarterly cash dividend of $0.10 per share payable on the company’s common stock. The dividend is payable on Sept. 15, 2016 to shareholders of record as of Aug. 25, 2016.   “We are confident in our ability to d...

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