TradingKey – Micron Technology (MU) is significantly boosting shareholder returns. In its latest Form 10-K filing, the company disclosed that its board of directors has approved an expansion of its share repurchase program, raising the maximum authorized amount for discretionary common stock buybacks to $35.16 billion, effective December 9, 2026.

Micron’s original buyback program was $10 billion, with approximately $2.2 billion currently remaining unused. This adjustment means the company will substantially increase its potential repurchase capacity beyond the original plan, reflecting management’s confidence in future cash flows and long-term operating prospects.

Share buybacks typically increase earnings per share and improve the…