Micron Technology raises authorized share repurchase limit to $35.16 billion
MU Micron Technology Inc
$1029.00 -0.66%
View chart & analysis → - 1The Micron Technology board of directors approved an increase in the authorized share repurchase limit to $35.16 billion.
- 2Micron Technology recorded revenue of $54.23 billion in the fourth quarter of fiscal year 2026.
- 3Analyst Gil Luria raised the price target for Micron stock from $2,100 to $3,000 last week.
So what's the key point?
Micron Technology has increased the amount of money it uses to buy back its own shares to $35.16 billion. Experts expect the stock price to rise further.
Source Investing.com · View original ↗
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