Rambus launches $100M accelerated share repurchase with Wells Fargo

RAMBUS INC

Rambus enters ASR agreement with Wells Fargo to repurchase $100M of common stock.
Initial delivery of approximately 3.1 million shares expected within first week.
Final share count based on VWAP during transaction minus agreed discount.
Program expected to be completed within four months; part of broader authorized buyback.
CEO Luc Seraphin cites confidence in future growth and capital allocation strategy.

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