KLA (KLAC) Announces an Additional $7 Billion Share Buyback and Dividend Increase

20 hours ago 2

Fatima Gulzar

Tue, March 31, 2026 astatine 10:46 AM CDT 1 min read

KLA Corporation (NASDAQ:KLAC) is 1 of the

Goldman Sachs AI Stocks: Top 12 Stocks to Buy. On March 12, 2026, Reuters reported that KLA Corporation (NASDAQ:KLAC) announced a $7 cardinal stock buyback programme and accrued its quarterly dividend by 21% to $2.30 per stock from $1.90, adding to its existing $3.94 cardinal repurchase authorization done December 31, 2025. The corp reiterated its March-quarter forecast, estimating gross of $3.35 billion, positive oregon minus $150 million, and adjusted net per stock of $9.08, positive oregon minus $0.78.

KLA Corporation (NASDAQ:KLAC) benefited from precocious request for semiconductor accumulation tools, arsenic chipmakers accrued orders to enactment AI processors and representation chips. The steadfast antecedently outperformed Wall Street’s projections for second-quarter gross and net owed to important AI infrastructure investment. As of March 12, 2026, shares are up much than 20% this twelvemonth aft rising implicit 93% past year, supported by continued spending connected information centers and spot accumulation capacity.

KLA (KLAC) Announces an Additional $7 Billion Share Buyback and Dividend Increase

Photo by Christian Wiediger connected Unsplash

KLA Corporation (NASDAQ:KLAC) provides process power and output absorption solutions to the semiconductor and related nano-electronics industries. The company’s divisions see Semiconductor Process Control, Specialty Semiconductor Process, and PCB, Display, and Component Inspection.

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