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Micron to Increase Stock Buybacks Beginning Dec. 9, 2026
The chipmaker generated $44 billion in operating cash flow and $33.2 billion in free cash flow during fiscal 2026’s fourth quarter.
Micron plans to increase capital returns to shareholders beginning Dec. 9, 2026, with stock buybacks expected to account for most of the additional distributions.
The company plans to return 100% of its excess cash to shareholders over time. The expanded capital-return plan follows fiscal 2026’s fourth quarter, when Micron generated $44 billion in operating cash flow and $33.2 billion in free cash flow.
Dec. 9 will mark two years since Micron signed its final agreement under the CHIPS Act. The company’s buyback increase is scheduled to begin on that date.
