KLA (NASDAQ: KLAC) implements 10-for-1 split and expands authorized shares
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
KLA Corporation has implemented a ten-for-one forward stock split of its common stock, carried out through an amendment to its Restated Certificate of Incorporation.
The charter amendment, effective at 11:59 p.m. Eastern Time on June 11, 2026, also increased authorized common shares from 500,000,000 to 5,000,000,000. KLA filed the amendment and a fully restated certificate as exhibits to this report.
Positive
- None.
Negative
- None.
Insights
KLA enacts a 10-for-1 stock split and greatly expands authorized common shares.
KLA Corporation approved a ten-for-one forward stock split of its common stock, formalized via a charter amendment effective at 11:59 p.m. Eastern Time on June 11, 2026. This changes the share count per investor position but not the company’s overall equity value.
The same amendment increased authorized common shares from 500,000,000 to 5,000,000,000. This expansion provides capacity for future equity issuance, although no specific issuances are detailed in this disclosure. The company also filed a fully restated certificate of incorporation to integrate these changes.
8-K Event Classification
2 items: 5.03, 9.01
2 items
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Stock split ratio: 10-for-1 forward split
Authorized shares before: 500,000,000 shares
Authorized shares after: 5,000,000,000 shares
+2 more
5 metrics
Stock split ratio
10-for-1 forward split
Common stock split approved and implemented via charter amendment
Authorized shares before
500,000,000 shares
Authorized common stock prior to amendment
Authorized shares after
5,000,000,000 shares
Authorized common stock after charter amendment
Effective time
11:59 p.m. Eastern Time
Time on June 11, 2026 when charter amendment became effective
Effective date
June 11, 2026
Date charter amendment for split and share increase took effect
Key Terms
ten-for-one forward stock split, Restated Certificate of Incorporation, Certificate of Amendment, authorized shares, +1 more
5 terms
ten-for-one forward stock split financial
"announced a ten-for-one forward stock split (the “Stock Split”) of the Company’s common stock"
A ten-for-one forward stock split is when a company breaks each existing share into ten smaller shares, so every shareholder ends up with ten times as many shares while the overall value they own stays the same. Think of it like cutting a pizza into more slices: each slice is smaller but the whole pizza remains equal; for investors this can make shares cheaper per piece, often improving trading liquidity and accessibility without changing underlying ownership or company value.
Restated Certificate of Incorporation regulatory
"to the Company’s Restated Certificate of Incorporation with the Secretary of State"
A restated certificate of incorporation is an updated, single-document version of a company’s founding rules that folds together the original charter and all later changes into one clear set of terms — like replacing a patchwork manual with a clean, revised edition. Investors care because it clarifies ownership details, voting rights, share classes and other legal rules that affect control, dividends and how value is created or diluted, so it can change the risks and benefits of owning the stock.
Certificate of Amendment regulatory
"Certificate of Amendment to the Restated Certificate of Incorporation of KLA Corporation"
A certificate of amendment is an official filing that updates a company’s founding documents—its legal “rulebook” that sets share structure, voting rules, name and basic purpose. Think of it like changing the blueprint of a building: small changes are paperwork, big ones can alter who owns how much and who controls decisions. Investors watch these filings because they can affect share counts, voting power, dilution and company value.
Emerging growth company regulatory
"Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What stock split did KLA Corporation (KLAC) approve in June 2026?
KLA Corporation approved a ten-for-one forward stock split of its common stock. Each existing share will be split into ten shares, changing the share count but not the company’s total equity value. The split was implemented through an amendment to its Restated Certificate of Incorporation.
When did the KLA (KLAC) ten-for-one stock split become effective?
The KLA ten-for-one forward stock split became effective at 11:59 p.m. Eastern Time on June 11, 2026. The timing reflects when the charter amendment, filed with the Delaware Secretary of State, took legal effect and the new share structure formally applied.
When did KLA (KLAC) first announce its ten-for-one stock split?
KLA first announced the ten-for-one forward stock split of its common stock on May 7, 2026. The company indicated the split would be effected by filing a charter amendment with the Delaware Secretary of State, which later became effective on June 11, 2026.