Micron Determines Share Repurchases May Resume-December 2024-www.financetom.com

Micron Determines Share Repurchases May Resume

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Micron Determines Share Repurchases May Resume

Aug 7, 2024 6:31 AM

09:00 AM EDT, 08/07/2024 (MT Newswires) -- Micron Technology ( MU ) on Wednesday said it has determined that share repurchases may resume thanks to improved conditions, according to a filing with the US Securities and Exchange Commission.

The company disclosed the suspension of its repurchase program on Dec. 21, 2022 due to an industry downturn. The resumption of the repurchase program will help offset dilution from employee stock purchase programs, Micron said.

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