Tag: Researchs

Does Lam Research’s $10 Billion Buyback Make Its Stock Worth Buying?

Lam Research (NASDAQ: LRCX) recently made two major announcements. First, it approved a 10-for-1 stock split, which should take place on Oct. 2. That will mark its third stock split following its 3-for-2 split in 1993 and 3-for-1 split in 2000. Second, Lam approved a $10 billion buyback plan with no termination date. CFO Doug […]