KLA Corporation sets 10-for-1 split, dividend hike
KLA Corporation is implementing a ten-for-one forward stock split of its common stock, increasing authorized shares from 500,000,000 to 5,000,000,000.
Rhea-AI Filing Summary
KLA Corporation is implementing a ten-for-one forward stock split of its common stock, increasing authorized shares from 500,000,000 to 5,000,000,000. Each stockholder of record on June 4, 2026 will receive nine additional shares for every one share held after the close on June 11, 2026.
Shares are expected to begin trading on a split-adjusted basis on June 12, 2026 under the symbol KLAC. The board also approved a cash dividend of $2.30 per share, payable June 2, 2026 to stockholders of record on May 18, 2026, a 21% increase, with the post-split August 2026 dividend expected at $0.23 per share.
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Insights
KLA combines a 10-for-1 stock split with a 21% dividend increase.
KLA Corporation approved a ten-for-one forward stock split, multiplying authorized common shares from 500,000,000 to 5,000,000,000. Each holder on the June 4, 2026 record date receives nine additional shares per share after market close on June 11, 2026.
The company states its overall market capitalization and ownership percentages will remain unchanged, so the split primarily affects per-share price levels and liquidity. Operational performance is not addressed here, keeping the move squarely a capital-structure adjustment.
Alongside the split, the board raised the quarterly dividend to $2.30 per share, a 21% increase versus the March 12, 2026 level, and indicated an expected post-split dividend of $0.23 per share in August 2026. This signals a higher ongoing cash-return run-rate, contingent on future board decisions.
8-K Event Classification
Key Figures
Key Terms
forward stock split financial
record date financial
equity incentive plans financial
employee stock purchase plan financial
forward-looking statements regulatory
FAQ
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| The Nasdaq Global Select Market |
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Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01 | Other Events. |
On May 7, 2026, KLA Corporation (the “Company”) announced that its Board of Directors (the “Board”) had approved a ten-for-one forward stock split (the “Stock Split”) of the Company’s outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), to be effected through an amendment to the Company’s Restated Certificate of Incorporation (the “Charter Amendment”), which will also effect a proportionate increase in the number of authorized shares of the Company’s Common Stock from 500,000,000 to 5,000,000,000.
The Stock Split is expected to become effective after the close of the Nasdaq Global Select Market (the “Nasdaq Stock Market”) on June 11, 2026 (the “Effective Date”). As a result of the Stock Split, each stockholder of record as of the close of the Nasdaq Stock Market on June 4, 2026 (the “Record Date”) will receive nine (9) additional shares of Common Stock for every one (1) share of Common Stock held on the Record Date. Trading in the Common Stock on the Nasdaq Stock Market is expected to commence on a Stock Split-adjusted basis at the market open on June 12, 2026, under the existing trading symbol “KLAC.”
A copy of the press release announcing the Stock Split is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Additionally on May 7, 2026, the Company issued a press release announcing that the Board declared a cash dividend of $2.30 per share on the Company’s common stock. Such dividend shall be payable on June 2, 2026 to stockholders of record as of the close of business on May 18, 2026.
A copy of the press release announcing the dividend declaration is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
The following exhibits are filed herewith.
| Exhibit No. | Description | |||
| 99.1 | Press release issued May 7, 2026 | |||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| KLA CORPORATION | ||||||
| Date: May 7, 2026 | By: | /s/ Mary Beth Wilkinson | ||||
| Name: | Mary Beth Wilkinson | |||||
| Title: | Executive Vice President, Chief Legal Officer and Corporate Secretary | |||||
Exhibit 99.1
FOR IMMEDIATE RELEASE
| Investor Relations: | Media Relations: | |
| Kevin Kessel, CFA | Mike Dulin | |
| Vice President, Investor Relations | Corporate Communications | |
| (408) 875-6627 | michael.dulin@kla.com | |
| kevin.kessel@kla.com |
KLA Corporation Announces Ten-to-One Stock Split and Quarterly Cash Dividend Payment
MILPITAS, Calif., May 7, 2026 — KLA Corporation (NASDAQ: KLAC) today announced that its board of directors approved a Ten-for-One forward stock split of the company’s outstanding shares of common stock—enhancing share accessibility and reinforcing the company’s long-term innovation and growth strategy.
Each stockholder of record at close of trading on Thursday, June 4, 2026, will receive nine additional shares for each share held after the close of trading on Thursday, June 11, 2026. Shares will begin trading on a split adjusted basis at market open on Friday, June 12, 2026. KLA’s overall market capitalization and stockholder ownership percentages will not be affected by the stock split.
“This stock split is intended to improve the accessibility and liquidity of KLA shares, while maintaining consistency with our long-term capital allocation strategy,” said KLA Chief Financial Officer Bren Higgins. “We believe this action supports broader investor and employee access to our shares while remaining fully aligned with our long-term financial objectives.”
Additionally, KLA’s board of directors approved a quarterly dividend payment of $2.30 per share, payable on June 2, 2026, to shareholders of record on May 18, 2026. This represents a 21% increase in the quarterly dividend which was announced on March 12, 2026. The dividend to be declared in August 2026 is expected to be $0.23 per share, after giving effect to the stock split.
As a result of the stock split, proportionate adjustments will be made to, among others, the number of shares of KLA’s common stock underlying the company’s outstanding restricted stock unit and performance-based restricted stock unit awards, the number of shares issuable under the company’s equity incentive plans, and the beginning price per share for the current offering period under KLA’s employee stock purchase plan.
Additional information regarding the stock split, including an investor FAQ, can be found at: www.ir.kla.com.
About KLA
KLA Corporation (“KLA”) develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging and printed circuit boards. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Investors and others should note that KLA announces material financial information including SEC filings, press releases, public earnings calls and conference webcasts using an investor relations website (ir.kla.com). Additional information may be found at: www.kla.com.
Note Regarding Forward-Looking Statements:
Statements in this press release other than historical facts, such as statements pertaining to the amount and timing of dividends are forward-looking statements and are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995.
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These forward-looking statements are based on current information and expectations and involve a number of risks and uncertainties. Actual results may differ materially from those projected in such statements due to various factors, including, but not limited to: our vulnerability to a weakening in the condition of the financial markets and the global economy; risks related to our international operations; evolving Bureau of Industry and Security of the U.S. Department of Commerce rules and regulations and their impact on our ability to sell products to and provide services to certain customers in China; tariffs and other trade restrictions; costly intellectual property disputes that could result in our inability to sell or use the challenged technology; risks related to the legal, regulatory and tax environments in which we conduct our business; differing stakeholder expectations, requirements and attention to environment, social and governance (“ESG”) matters and the resulting costs, risks and impact on our business; unexpected delays, difficulties and expenses in executing against our environmental, climate, or other ESG targets, goals and commitments; our ability to attract, retain and motivate key personnel; our vulnerability to disruptions and delays at our third-party service providers; cybersecurity threats, cyber incidents affecting our and our business partners’ systems and networks; our inability to access critical information in a timely manner due to system failures; risks related to acquisitions, integrations, strategic alliances or collaborative arrangements; climate change, earthquake, flood or other natural catastrophic events, public health crises or terrorism and the adverse impact on our business operations; the war between Ukraine and Russia, the armed conflict in Iran and elsewhere in the Middle East, and the significant military activity in those regions; lack of insurance for losses and interruptions caused by terrorists and acts of war, and our self-insurance of certain risks including earthquake risk; risks related to fluctuations in foreign currency exchange rates; risks related to fluctuations in interest rates and the market values of our portfolio investments; risks related to tax and regulatory compliance audits; any change in taxation rules or practices and our effective tax rate; compliance costs with federal securities laws, rules, regulations, NASDAQ requirements, and evolving accounting standards and practices; ongoing changes in the technology industry, and the semiconductor industry in particular, including future growth rates, pricing trends in end-markets, or changes in customer capital spending patterns; our vulnerability to a highly concentrated customer base; the cyclicality of the industries in which we operate; our ability to timely develop new technologies and products that successfully address changes in the industry; risks related to artificial intelligence; our ability to maintain our technology advantage and protect proprietary rights; our ability to compete in the industry; availability and cost of the materials and parts used in the production of our products; our ability to operate our business in accordance with our business plan; risks related to our debt and leveraged capital structure; we may not be able to declare cash dividends at all or in any particular amount; liability to our customers under indemnification provisions if our products fail to operate properly or contain defects or our customers are sued by third parties due to our products; our government funding for research and development is subject to audit, and potential termination or penalties; we may incur significant restructuring charges or other asset impairment charges or inventory write offs; we are subject to risks related to receivables factoring arrangements and compliance risk of certain settlement agreements with the government; and risks related to the Court of Chancery of the State of Delaware being the sole and exclusive forum for certain actions and proceedings. For other factors that may cause actual results to differ materially from those projected and anticipated in forward-looking statements in this press release, please refer to KLA’s Annual Report on Form 10-K for the year ended June 30, 2025, and other subsequent filings with the Securities and Exchange Commission (including, but not limited to, the risk factors described therein). KLA assumes no obligation to, and does not currently intend to, update these forward-looking statements.
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