Chipmaking tool provider KLA unveils additional $7 billion share buyback and dividend increase

Chipmaking tool provider KLA Corp on Thursday announced a new $7 billion stock buyback program and a 21% increase in its quarterly dividend, while reaffirming its forecast for the current quarter.

This buyback, with no specified timeframe, is ‌in ⁠addition to the ⁠company’s existing share repurchase authorization, which stood at $3.94 billion as ​of December 31, 2025.

KLA’s shares have risen more than 20% ​this year, after a nearly 93% jump last year, driven by relentless investment in data center infrastructure for ​artificial intelligence tech and the chips that ⁠power it.