Here's How Much Stock Applied Materials Repurchased in the Past Year
Applied Materials (NASDAQ: AMAT) is one of the largest providers of semiconductor manufacturing equipment. While demand for its products can be volatile, ebbing and flowing with the state of the economy and the semiconductor market, Applied Materials has seen its profits soar over the past decade. These profits provide the fuel for the company's expansive share-buyback program.
Applied Materials announced a $10 billion share-buyback program in March of 2023. This added to the $4.7 billion the company already had authorized for share buybacks.
Here's how much stock Applied Materials bought back in each of the past four quarters.
Source Fool.com
