01—Abstract
Summary
Summary of the 8-K filed May 7, 2026. Cited figures are marked; the original filing is the authoritative source.
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'.
02—Key points
Key Highlights
- KLA Corp announces a 10-for-1 forward stock split.
- The stock split is approved by the Board of Directors.
- The split is expected to become effective after market close on June 11, 2026.
- Record date for the stock split is June 4, 2026.
- Trading on a split-adjusted basis begins June 12, 2026.
- The Company also declared a cash dividend of $2.30 per share.
- The cash dividend is payable on June 2, 2026, to shareholders of record on May 18, 2026.
03—Questions
Frequently Asked Questions
What is a forward stock split and how will it affect my shares?
A forward stock split, in this case 10-for-1, means that for every one share you currently own, you will receive nine additional shares. So, if you owned 100 shares before the split, you will own 1,000 shares after the split. The total value of your investment should remain the same immediately after the split, but the price per share will be divided by ten.
When will the stock split take effect and when will I see the new shares?
The stock split is expected to be effective after the close of Nasdaq on June 11, 2026. You will see the split-adjusted shares in your brokerage account on June 12, 2026, when trading begins on a split-adjusted basis.
What is the record date and who is eligible for the stock split?
The record date for the stock split is June 4, 2026. Shareholders who own KLA Corp common stock at the close of business on this date will be eligible to receive the additional shares from the split.
Has KLA Corp also announced a dividend?
Yes, in addition to the stock split, KLA Corp announced a cash dividend of $2.30 per share. This dividend is payable on June 2, 2026, to shareholders of record as of May 18, 2026.
04—Continue