Micron expands buyback to USD 35.16 billion. Micron Technology stock falls 3.44 percent

Published on 10/13/2026 at 12:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal fourth-quarter revenue reached USD 54.23 billion versus USD 11.32 billion. Micron Technology stock costs EUR 856.40 on October 13, 2026 versus EUR 886.90.

Micron raises its discretionary buyback authorization to USD 35.16 billion, with the program scheduled to begin on December 9, 2026.
Fiscal fourth-quarter revenue reached USD 54.23 billion, up from USD 11.32 billion a year earlier.
Micron Technology stock was trading at EUR 856.40 at Lang & Schwarz on October 13, 2026, down 3.44 percent versus the October 12 Xetra close of EUR 886.90.
The next dividend dates are October 14, 2026, for the ex-dividend and record date, and October 29, 2026, for payment.

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Micron Technology stock was trading at EUR 856.40 at Lang & Schwarz on October 13, 2026 at 12:16 p.m. CEST, down 3.44 percent versus the Xetra close of October 12, 2026 at EUR 886.90. Seeking Alpha reported on October 13, 2026 that Micron had raised its discretionary share repurchase authorization to USD 35.16 billion, with the program set to begin on December 9, 2026.

Buyback authorization reaches USD 35.16 billion

The authorization adds a substantial capital-return option after Micron generated USD 43.97 billion of operating cash flow in fiscal 2026. The company can use the program to reduce its share count, although the authorization itself does not require Micron to repurchase a specific number of shares.

Three dated milestones shape the setup

On September 30, 2026, Micron reported fiscal fourth-quarter revenue of USD 54.23 billion, versus USD 11.32 billion in the same period of fiscal 2025.
On October 7, 2026, CNBC reported that D.A. Davidson raised its 12-month price target from USD 2,100 to USD 3,000 while reiterating a Buy rating.
On October 13, 2026, Seeking Alpha reported the USD 35.16 billion authorization and its December 9, 2026 start date.

What does the dividend mean?

Micron declared a quarterly dividend of USD 0.15 per share on September 30, 2026. The company reported GAAP net income of USD 37.70 billion and a GAAP gross margin of 86.80 percent in fiscal fourth quarter 2026, giving the payout a small role beside the operating expansion.

Next dates are October 14 and 29

Micron's next dividend-related dates are October 14, 2026, for the ex-dividend and record date, and October 29, 2026, for payment, according to Micron.

Stock trades below the Xetra close

The Lang & Schwarz quote puts the stock EUR 30.50 below the October 12, 2026 Xetra close, a decline of 3.44 percent on the German reference basis. The comparison is separate from the companys latest operating figures and from the USD 3,000 analyst target.

The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.