Dividends & Buybacks ·
Entegris authorizes $500M share repurchase program, expects 10% dividend hike
ENTGEntegris Inc
The Board of Directors authorized a new share repurchase program allowing the company to buy back up to $500 million of outstanding common stock with no expiration date. Repurchases may be executed via open market purchases, privately negotiated transactions, accelerated share repurchase arrangements, or Rule 10b5-1 trading plans at management's discretion based on market conditions. The company also announced an expected 10% increase in its quarterly cash dividend beginning in the first quarter of 2027, subject to Board declaration. These actions support a long-term capital allocation framework targeting approximately 50% return of excess cash to shareholders alongside organic growth investments and strategic M&A. Entegris is a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries.