AMD Announces New $6 Billion Share Repurchase Authorization
AMD (NASDAQ: AMD) has announced a new $6 billion share repurchase program, expanding its total current repurchase authority to approximately $10 billion when combined with the remaining $4 billion from its existing program. CEO Lisa Su emphasized that this expansion reflects the board's confidence in AMD's strategic direction, growth prospects, and ability to generate strong free cash flow.
The company maintains flexibility in executing the program, with no set termination date and the ability to make purchases through open market or private negotiations. The timing and amount of repurchases will be market-dependent, and AMD retains the right to suspend or discontinue the program at any time.
AMD (NASDAQ: AMD) ha annunciato un nuovo programma di riacquisto di azioni da 6 miliardi di dollari, portando l'autorità totale di riacquisto attuale a circa 10 miliardi di dollari se combinata con i 4 miliardi residui del programma esistente. L'amministratore delegato Lisa Su ha sottolineato che questa espansione riflette la fiducia del consiglio nella direzione strategica di AMD, nelle prospettive di crescita e nella capacità di generare un forte flusso di cassa libero.
L'azienda mantiene la flessibilità nell'esecuzione del programma, senza una data di termine fissata e con la possibilità di effettuare acquisti sia sul mercato aperto sia tramite negoziazioni private. Tempistiche e quantità dei riacquisti dipenderanno dal mercato, e AMD si riserva il diritto di sospendere o terminare il programma in qualsiasi momento.
AMD (NASDAQ: AMD) ha anunciado un nuevo programa de recompra de acciones por 6 mil millones de dólares, ampliando su autoridad total de recompra actual a aproximadamente 10 mil millones de dólares al combinarlo con los 4 mil millones restantes de su programa existente. La CEO Lisa Su destacó que esta expansión refleja la confianza de la junta en la dirección estratégica de AMD, sus perspectivas de crecimiento y su capacidad para generar un fuerte flujo de caja libre.
La compañía mantiene flexibilidad en la ejecución del programa, sin una fecha de finalización establecida y con la posibilidad de realizar compras en el mercado abierto o mediante negociaciones privadas. El momento y la cantidad de recompras dependerán del mercado, y AMD se reserva el derecho de suspender o cancelar el programa en cualquier momento.
AMD (NASDAQ: AMD)는 새로운 60억 달러 규모의 자사주 매입 프로그램을 발표했으며, 기존 프로그램에서 남은 40억 달러와 합쳐 총 매입 권한을 약 100억 달러로 확대했습니다. CEO 리사 수는 이번 확대가 AMD의 전략적 방향, 성장 전망, 그리고 강력한 자유 현금 흐름 창출 능력에 대한 이사회의 신뢰를 반영한다고 강조했습니다.
회사는 프로그램 실행에 있어 유연성을 유지하며, 종료일을 정하지 않고 공개 시장 또는 사적 협상을 통해 매입할 수 있는 권한을 갖고 있습니다. 매입 시기와 규모는 시장 상황에 따라 결정되며, AMD는 언제든지 프로그램을 중단하거나 종료할 권리를 보유합니다.
AMD (NASDAQ : AMD) a annoncé un nouveau programme de rachat d’actions de 6 milliards de dollars, portant son autorisation totale actuelle de rachat à environ 10 milliards de dollars en combinant les 4 milliards restants de son programme existant. La PDG Lisa Su a souligné que cette expansion reflète la confiance du conseil d’administration dans la direction stratégique d’AMD, ses perspectives de croissance et sa capacité à générer un flux de trésorerie disponible solide.
L’entreprise conserve une flexibilité dans l’exécution du programme, sans date de fin définie et avec la possibilité d’effectuer des achats sur le marché ouvert ou par négociations privées. Le calendrier et le montant des rachats dépendront du marché, et AMD se réserve le droit de suspendre ou d’interrompre le programme à tout moment.
AMD (NASDAQ: AMD) hat ein neues Aktienrückkaufprogramm im Wert von 6 Milliarden US-Dollar angekündigt, wodurch die derzeitige Rückkaufbefugnis insgesamt auf etwa 10 Milliarden US-Dollar ansteigt, wenn man die verbleibenden 4 Milliarden aus dem bestehenden Programm hinzurechnet. CEO Lisa Su betonte, dass diese Erweiterung das Vertrauen des Vorstands in die strategische Ausrichtung, die Wachstumsaussichten und die Fähigkeit von AMD widerspiegelt, einen starken freien Cashflow zu generieren.
Das Unternehmen behält sich Flexibilität bei der Durchführung des Programms vor, ohne festgelegtes Enddatum und mit der Möglichkeit, Käufe über den offenen Markt oder private Verhandlungen zu tätigen. Zeitpunkt und Umfang der Rückkäufe hängen vom Markt ab, und AMD behält sich das Recht vor, das Programm jederzeit auszusetzen oder einzustellen.
- New $6 billion share repurchase authorization demonstrates strong financial position
- Total buyback authority increased to $10 billion, showing significant commitment to shareholder returns
- Company reports strong free cash flow generation capability
- Board expresses confidence in AMD's strategic direction and growth prospects
- No specific timeline or commitment for completing the share repurchases
- Program execution depends on market conditions, indicating potential uncertainty in implementation
SANTA CLARA, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that its board of directors approved a new
“Our expanded share repurchase program reflects the Board’s confidence in AMD’s strategic direction, growth prospects, and ability to consistently generate strong free cash flow,” said AMD Chair and CEO Dr. Lisa Su. “We remain committed to disciplined capital allocation and driving strong shareholder returns, including investing in our leadership product portfolio to drive growth, while returning capital to owners.”
The timing and total amount of stock repurchases will depend upon market conditions and may be made from time to time in open market purchases or privately negotiated purchases. This program has no termination date, may be suspended or discontinued at any time and does not obligate the company to acquire any amount of common stock.
About AMD
For more than 55 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn and X pages.
Cautionary Statement
This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) including those related to AMD’s share repurchase program; AMD’s strategic direction, growth prospects and ability to consistently generate strong free cash flow; AMD’s commitment to disciplined capital allocation and driving strong shareholder returns; AMD’s investment in AMD’s leadership product portfolio to drive growth; and AMD’s ability to return capital to owners, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as "would," "may," "expects," "believes," "plans," "intends," "projects" and other terms with similar meaning. Investors are cautioned that the forward-looking statements in this press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Such statements are subject to certain known and unknown risks and uncertainties, many of which are difficult to predict and generally beyond AMD's control, that could cause actual results and other future events to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Material factors that could cause actual results to differ materially from current expectations include, without limitation, the following: Intel Corporation’s dominance of the microprocessor market and its aggressive business practices; Nvidia’s dominance in the graphics processing unit market and its aggressive business practices; competitive markets in which AMD’s products are sold; the cyclical nature of the semiconductor industry; market conditions of the industries in which AMD products are sold; AMD's ability to introduce products on a timely basis with expected features and performance levels; loss of a significant customer; economic and market uncertainty; quarterly and seasonal sales patterns; AMD's ability to adequately protect its technology or other intellectual property; unfavorable currency exchange rate fluctuations; ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; availability of essential equipment, materials, substrates or manufacturing processes; ability to achieve expected manufacturing yields for AMD’s products; AMD's ability to generate revenue from its semi-custom SoC products; potential security vulnerabilities; potential security incidents including IT outages, data loss, data breaches and cyberattacks; uncertainties involving the ordering and shipment of AMD’s products; AMD’s reliance on third-party intellectual property to design and introduce new products; AMD's reliance on third-party companies for design, manufacture and supply of motherboards, software, memory and other computer platform components; AMD's reliance on Microsoft and other software vendors' support to design and develop software to run on AMD’s products; AMD’s reliance on third-party distributors and add-in-board partners; impact of modification or interruption of AMD’s internal business processes and information systems; compatibility of AMD’s products with some or all industry-standard software and hardware; costs related to defective products; efficiency of AMD's supply chain; AMD's ability to rely on third party supply-chain logistics functions; AMD’s ability to effectively control sales of its products on the gray market; long-term impact of climate change on AMD’s business; impact of government actions and regulations such as export regulations, tariffs and trade protection measures, and licensing requirements; AMD’s ability to realize its deferred tax assets; potential tax liabilities; current and future claims and litigation; impact of environmental laws, conflict minerals related provisions and other laws or regulations; evolving expectations from governments, investors, customers and other stakeholders regarding corporate responsibility matters; issues related to the responsible use of AI; restrictions imposed by agreements governing AMD’s notes, the guarantees of Xilinx’s notes, the revolving credit agreement and the ZT Systems credit agreement; impact of acquisitions, joint ventures and/or strategic investments on AMD’s business and AMD’s ability to integrate acquired businesses, including ZT Systems; AMD’s ability to sell the ZT Systems manufacturing business; impact of any impairment of the combined company’s assets; political, legal and economic risks and natural disasters; future impairments of technology license purchases; AMD’s ability to attract and retain qualified personnel; and AMD’s stock price volatility. Investors are urged to review in detail the risks and uncertainties in AMD’s Securities and Exchange Commission filings, including but not limited to AMD’s most recent reports on Forms 10-K and 10-Q.
Media Contact:
Phil Hughes
AMD Communications
512-865-9697
phil.hughes@amd.com
Investor Contact:
Liz Stine
AMD Investor Relations
720-652-3965
liz.stine@amd.com
FAQ
What is the size of AMD's new share repurchase program announced in May 2025?
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