How much did Applied Materials spend on buybacks in Q3 2026?

Applied Materials repurchased $440 million of common stock during the third quarter of fiscal 2026 ended July 26, 2026. This was combined with $420 million in dividend payments for total shareholder distributions of $860 million during the quarter.

How many shares were repurchased and at what price?

The earnings release does not disclose the total number of shares repurchased or the average price paid per share. However, the weighted average diluted share count declined from 802 million in Q3 FY2025 to 800 million in Q3 FY2026, indicating a reduction of approximately 2 million shares year-over-year from all capital-return activities.

Was a new buyback authorization announced?

No new buyback authorization or program expansion was announced in this earnings release. The filing does not disclose the remaining authorization under any existing buyback program or specify the execution mechanism (open-market, Rule 10b-18, ASR, etc.).

Why did Applied Materials conduct buybacks during this period?

Applied Materials generated record operating cash flow of $3.04 billion in Q3 2026 amid record revenue of $9.12 billion, up 25% year-over-year. The buybacks are part of the company's capital allocation strategy to return cash to shareholders while maintaining balance-sheet strength during a period of strong demand for semiconductor manufacturing equipment driven by AI adoption.

How do buybacks fit into Applied Materials' overall capital strategy?

Applied Materials balances buybacks with dividends and reinvestment. In Q3 2026, the company distributed $860 million total ($440 million buybacks plus $420 million dividends) while also funding $707 million in capital expenditures and maintaining strong cash reserves of $7.04 billion at quarter-end.

AMAT 8-K Filed 2026-08-13 Execution disclosure

Applied Materials repurchased $440M stock in Q3 2026

Company bought back shares while distributing $860M total to shareholders amid record revenue growth and strong cash generation.

MechanismNot specified

What the filing says

Applied Materials reported $440 million in common stock repurchases during the third quarter of fiscal 2026, executed as part of the company's capital allocation strategy. The repurchases were disclosed in the company's earnings release filed on Form 8-K on August 13, 2026, covering the quarter ended July 26, 2026.

The buyback was funded from the company's robust operating cash flow, which reached a record $3.04 billion in Q3 2026. Applied Materials combined the $440 million in share repurchases with $420 million in dividend payments, distributing a total of $860 million to shareholders during the quarter. The repurchases reduced weighted average diluted share count from 802 million shares in Q3 FY2025 to 800 million in Q3 FY2026.

The filing does not specify the execution mechanism, average price paid per share, or total shares repurchased in units. The company disclosed no new repurchase authorization in this filing. This activity occurred amid record quarterly revenue of $9.12 billion, up 25% year-over-year, and record non-GAAP diluted EPS of $3.50, up 41% year-over-year, reflecting strong demand driven by AI adoption.

The company generated record cash from operations of $3.04 billion and distributed $860 million to shareholders through $440 million in share repurchases and $420 million in dividends.</quote> <parameter name="what_this_means">Applied Materials' Q3 2026 buyback of $440 million reflects the company's capital-return discipline during a period of exceptional financial performance. With record operating cash flow of $3.04 billion and net income of $2.54 billion, the repurchases represent a measured use of capital that reduced diluted share count by approximately 2 million shares year-over-year. The filing provides no disclosure of cumulative authorization or remaining capacity under any buyback program, nor does it specify execution price or method. The buyback occurs in the context of strong semiconductor demand driven by AI infrastructure buildout, positioning AMAT to balance shareholder returns with potential reinvestment needs. — APPLIED MATERIALS INC /DE 8-K filing · View on SEC EDGAR →

What this means

Frequently asked questions

How much did Applied Materials spend on buybacks in Q3 2026?: Applied Materials repurchased $440 million of common stock during the third quarter of fiscal 2026 ended July 26, 2026. This was combined with $420 million in dividend payments for total shareholder distributions of $860 million during the quarter.
How many shares were repurchased and at what price?: The earnings release does not disclose the total number of shares repurchased or the average price paid per share. However, the weighted average diluted share count declined from 802 million in Q3 FY2025 to 800 million in Q3 FY2026, indicating a reduction of approximately 2 million shares year-over-year from all capital-return activities.
Was a new buyback authorization announced?: No new buyback authorization or program expansion was announced in this earnings release. The filing does not disclose the remaining authorization under any existing buyback program or specify the execution mechanism (open-market, Rule 10b-18, ASR, etc.).
Why did Applied Materials conduct buybacks during this period?: Applied Materials generated record operating cash flow of $3.04 billion in Q3 2026 amid record revenue of $9.12 billion, up 25% year-over-year. The buybacks are part of the company's capital allocation strategy to return cash to shareholders while maintaining balance-sheet strength during a period of strong demand for semiconductor manufacturing equipment driven by AI adoption.
How do buybacks fit into Applied Materials' overall capital strategy?: Applied Materials balances buybacks with dividends and reinvestment. In Q3 2026, the company distributed $860 million total ($440 million buybacks plus $420 million dividends) while also funding $707 million in capital expenditures and maintaining strong cash reserves of $7.04 billion at quarter-end.

execution q3-2026 tech-sector semiconductor capital-allocation record-cash-flow

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.