Dividends & Buybacks ·
Rambus Inc. entered into an accelerated share repurchase (ASR) agreement with Mizuho Markets Americas LLC on August 4…
RMBSRambus Inc
Rambus Inc. entered into an accelerated share repurchase (ASR) agreement with Mizuho Markets Americas LLC on August 4, 2026, to repurchase approximately $100 million of its common stock. Under the terms, Rambus pre-paid $100 million and received an initial delivery of roughly 796,000 shares. The final number of shares will be determined based on the volume-weighted average price during the transaction term, less a discount, with completion expected by the end of the third quarter of 2026. This ASR program is part of a broader share repurchase authorization previously approved by the board. Rambus Inc. operates in the semiconductor industry as a provider of chip and silicon intellectual property for data center and AI infrastructure.