What is Micron Technology's share buybacks?

Micron Technology (MU) reported share buybacks of $350M in Q1 2026.

What is the long-term trend for Micron Technology's share buybacks?

Over 2 years (2021 to 2024), Micron Technology's share buybacks has grown at a -50.0% compound annual growth rate (CAGR), from $1.2B to $300M.

What does share buybacks mean?

Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

Micron Technology MU Share Buybacks

Share Buybacks at other companies

Western DigitalWDC

$553M—

Seagate Technology Holdings PLCSTX

$30M—

Penguin SolutionsPENG

$11.75M-62.9%

Applied MaterialsAMAT

$400M-76.0%

Broadcom Inc.AVGO

$600M-75.5%

RambusRMBS

$2.57M+19.1%

Other financials

Income statement

See full

Revenue$41.5B+346%

Gross profit$35.1B+899%

Operating income$33.3B+1,436%

Net income$28.2B+1,398%

EPS (diluted)$24.67+1,368%

Balance sheet

See full

Cash & equivalents$25.0B+146%

Total debt$5.7B-70.4%

Total equity$100.72B+98.5%

Total assets$134.11B+71.1%

Cash flow

See full

Operating cash flow$25.4B+451%

CapEx$7.8B+166%

Free cash flow$17.6B+951%

Valuation

See full

Market cap$1.12T+735%

Enterprise value$1.1T+668%

P/E22.2×+0.6×

P/S12.4×+8.4×

Profitability

See full

Gross margin72.6%+35.4pp

Operating margin65.6%+43.0pp

Net margin55.9%+37.5pp

FCF margin29%+23.4pp

Returns & leverage

See full

Return on equity66.6%+53.5pp

Debt / equity0.1×-0.3×

Current ratio3.4×+0.7×

Where this comes from

Reported directly by Micron Technology in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

The official record: Micron Technology’s 10-Q, filed March 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about Micron Technology's share buybacks.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Micron Technology's share buybacks?: Micron Technology (MU) reported share buybacks of $350M in Q1 2026.
What is the long-term trend for Micron Technology's share buybacks?: Over 2 years (2021 to 2024), Micron Technology's share buybacks has grown at a -50.0% compound annual growth rate (CAGR), from $1.2B to $300M.
What does share buybacks mean?: Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.