Summary
KLA Corporation (KLAC) has announced a significant corporate action: a ten-for-one forward stock split approved by its Board of Directors. This split, effective after market close on June 11, 2026, will increase the number of outstanding shares and proportionally increase authorized shares from 500 million to 5 billion. The record date for the split is June 4, 2026, and trading on a split-adjusted basis will commence on June 12, 2026, under the same ticker symbol 'KLAC'.
Key Highlights
- 1KLA Corp announces a 10-for-1 forward stock split.
- 2The stock split is approved by the Board of Directors.
- 3The split is expected to become effective after market close on June 11, 2026.
- 4Record date for the stock split is June 4, 2026.
- 5Trading on a split-adjusted basis begins June 12, 2026.
- 6The Company also declared a cash dividend of $2.30 per share.
- 7The cash dividend is payable on June 2, 2026, to shareholders of record on May 18, 2026.