KLA Launches $11 Billion Buyback Cycle: Here’s What to Expect

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KLA Corporation (KLAC) announced a new $7 billion share repurchase program, adding to $3.94 billion remaining from a previous authorization, totaling roughly $11 billion in buybacks. The company also set an ambitious $26 billion revenue target for 2030, projecting approximately 15% annual growth, and raised its quarterly dividend by 21%. These moves underscore KLA’s confidence in its future growth, driven by increasing process control intensity in semiconductor manufacturing and strong performance in advanced packaging and e-beam inspection.

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