Flexible Electronics News

Applied Materials Announces Increased Cash Dividend and $2 Billion Share Repurchase Authorization

Reflects confidence in near- and long-term prospects for growth, profitability

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc., the global leader in nanomanufacturing technology solutions for the semiconductor, flat panel display and solar industries, today announced that its Board of Directors has approved a 17% increase in the quarterly cash dividend to $0.07 per share, payable on June 16, 2010 to stockholders of record as of May 26, 2010. Previously, the quarterly cash dividend was $0.06 per share. Applied’s Board also approved a new stock repurchase program authorizing up to $2 bill...

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