https://www.live-feeds.com/feed/micron-board-raises-buyback-ceiling-to-35-16bnContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/micron-board-raises-buyback-ceiling-to-35-16bnhttps://www.live-feeds.com/feed/micron-board-raises-buyback-ceiling-to-35-16bn#u124798Fri, 16 Oct 2026 03:04:15 +0000Micron Technology's board has increased its share buyback authorization to $35.16 billion. This move indicates the company's confidence in its financial position and its commitment to returning value to shareholders. The increased buyback ceiling suggests that Micron expects its stock to remain undervalued and is taking steps to reduce its shares outstanding.Why it mattersMicron Technology is a leading manufacturer of computer memory and data storage products. The company's financial performance has been strong, driven by demand for its products in various applications, includin