Micron's Share Buyback Plan Expanded to $35 Billion

Micron Technology's board of directors has approved an expansion of its share buyback plan, effective in December, according to reports. In its 10-K filing, Micron stated that the board approved an increase in the maximum amount of common stock that may be repurchased at its discretion, effective December 9, 2026, to $35.16 billion. Micron had previously authorized a $10 billion share buyback program, of which approximately $2.2 billion remained unused.