Micron Technology shares are trading higher after the company announced that it resumed its stock repurchase program.
Portfolio Pulse from Benzinga Newsdesk
Micron Technology shares are trading higher after the company announced the resumption of its stock repurchase program.

August 07, 2024 | 1:29 pm
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Micron Technology shares are trading higher following the announcement of the resumption of its stock repurchase program.
The resumption of the stock repurchase program is a positive signal to investors, indicating the company's confidence in its financial health and future prospects. This action typically leads to a short-term increase in stock price as it reduces the number of shares outstanding, potentially increasing earnings per share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100