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(RTTNews) - KLA Corporation (KLAC) said its board has authorized a new $7 billion share repurchase program and approved a 21% increase in its quarterly dividend.
The company raised its quarterly dividend to $2.30 per share from $1.90, marking its 17th consecutive annual increase.
The new buyback authorization is in addition to the existing repurchase program, which had $3.94 billion remaining as of December 31, 2025.
The company also reaffirmed its guidance for the March 2026 quarter.
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