Micron’s $73 Billion Cash Mountain Is About To Move — CFO Signals Bigger Buybacks: ‘We Have the Ability And the Intent…’
Micron is sitting on a $73 billion cash pile following record Q4 earnings. CFO Mark Murphy teases expanded shareholder payouts starting Dec 9.
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Why It Matters
Micron earned record profits and now has tons of cash. The company plans to give more money back to shareholders soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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