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Home›US Markets›Equities›Micron plans stock buybacks after major cash buildup

Micron plans stock buybacks after major cash buildup

The company is generating enough cash to outpace Apple and Nvidia, MarketWatch reported.

Reported · Written up by our desk · Equities

Micron is building a cash surplus and is set to return that money to shareholders through stock buybacks, according to MarketWatch.

MarketWatch said Micron is taking in more cash than Apple and Nvidia as it prepares to start doling out returns to investors.

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Sources

MarketWatchMicron’s historic cash bonanza is set to rain down on investors
MarketWatchMicron’s historic cash bonanza is set to rain down on investors

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