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BRIEF-Lam Research to repurchase an aggregate of $500 mln of co's common stock
April 20, 2017 / 1:47 PM / 8 months ago

BRIEF-Lam Research to repurchase an aggregate of $500 mln of co's common stock

April 20 (Reuters) - Lam Research Corp

* Lam research enters into accelerated stock buyback agreement

* Lam research corp - to repurchase an aggregate of $500 million of company’s common stock

* Lam research corp - will acquire common stock pursuant to asr agreements as part of its previously announced $1.0 billion stock repurchase program

* Lam research corp - stock repurchase program is targeted to be completed within 12 to 18 months from date of its announcement on november 18, 2016. Source text for Eikon: Further company coverage:

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