Lam Research effects 10-for-1 forward stock split; authorized shares increased to 4 billion

LAM RESEARCH CORP

Each existing share split into 10 shares effective 5:00 p.m. ET on Oct 2, 2024.
Authorized common shares raised from 400M to 4B; par value unchanged at $0.001.
Stock split-adjusted trading on Nasdaq begins Oct 3, 2024, under symbol LRCX.
New CUSIP is 512807306; proportionate adjustments made to equity awards and plans.
Stockholder approval not required under Delaware law.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

LAM RESEARCH CORP: Amendment to Restated Certificate of Incorporation to effect a ten-for-one forward stock split and increase authorized common stock from 400,000,000 to 4,000,000,000 shares (effective 2024-10-02).

Change: charter amendment
Effective: 2024-10-02

Exact text from the filing

On October 2, 2024, Lam Research Corporation (the “Company”) filed an amendment to the Company’s Restated Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware to effect a ten-for-one forward split (the “Stock Split”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), without any change to its par value.

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Source: SEC EDGAR

accession 0000707549-24-000123

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