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Benzinga

Business

Adam Eckert

RARE PHOTOS: What s going on with applied materials stock today - The Real Truth

Applied Materials Applied Materials Inc

Applied Materials Inc (NASDAQ:AMAT) shares are trading higher Friday morning after the company announced a $6 billion buyback and raised its quarterly dividend from 24 cents to 26 cents per share.

The buyback supplements the previous repurchase authorization which had $3.2 billion remaining at the end of fiscal first quarter 2022.

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