Edition:
India

Lam Research announces $2.3 bln capital return program


Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Lam Research Corp ::Lam Research Corporation announces $2.3 billion capital return program.Lam Research Corp - ‍has approved a $2 billion share repurchase authorization, with execution planned over next 12 to 18 months​.Lam Research Corp - ‍has approved a 11% increase of company's quarterly dividend​.Lam Research Corp - ‍sets quarterly dividend of $0.50 per share of common stock​.