secwatch.observer — SEC 8-K summary
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Issuer:     LAM RESEARCH CORP (LRCX)
CIK:        0000707549
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0000707549-22-000079
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lam Research announces $5B share repurchase authorization and $1.50 quarterly dividend
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- Board approved $5 billion common stock repurchase program with no termination date.
- Quarterly dividend of $1.50 per share declared, payable July 6, 2022 to holders of record June 15, 2022.
- Repurchase supplements remaining balances from prior authorizations; may use derivative contracts.
- Share repurchase program may be suspended or discontinued at any time at company's discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707549/000070754922000079/0000707549-22-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707549/000070754922000079/lrcx-20220511.htm
  HTML page:      https://secwatch.observer/filing/0000707549-22-000079

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