Micron Technology CFO: FY2026 Q4 generated $33.2 billion in free cash flow, plans to increase stock buybacks starting December 9, 2026

Micron Technology Chief Financial Officer Mark Murphy said on the earnings call that in the fourth quarter of fiscal year 2026, Micron Technology generated an astonishing $44 billion in operating cash flow and $33.2 billion in free cash flow. Over time, we expect to return 100% of excess cash to shareholders. We intend to increase capital returns starting December 9, 2026, primarily through share repurchases.