KLA Corporation Announces $3.0 Billion Accelerated Share Repurchase Agreements

MILPITAS, Calif., June 24, 2023 /PRNewswire/ — KLA Corporation (“KLA”) (NASDAQ: KLAC) today announced that it has entered into accelerated share repurchase agreements (“ASRs”) with Goldman Sachs & Co. LLC and Citibank N.A. (collectively, the “Financial Institutions”) to repurchase $3.0 billion of KLA’s common stock. The ASRs were entered into pursuant to KLA’s previously announced share repurchase programs, under which approximately $3.233 billion of share repurchase authorization will remain.https://mma.