Applied Materials announces new US$10bn share buyback plan

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Applied Materials announces new US$10bn share buyback plan

Raises quarterly dividend.

Applied Materials, which makes equipment to produce chips, said its board has approved a new US$10 billion (A$15 billion) share buyback, and also raised its quarterly dividend. The newly approved buyback scheme adds to its previous authorisation, which had US$4.7 billion remaining at the end of ...

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