Marvell Technology announced on September 24, 2025, that its Board of Directors has authorized a new $5 billion stock repurchase program. This new authorization builds upon the company's ongoing commitment to return capital to stockholders, significantly expanding its capacity for share repurchases.
As of August 2, 2025, Marvell had approximately $2.0 billion remaining under its prior repurchase authorization, and has since repurchased an additional $300 million of common stock in the current quarter. This demonstrates consistent execution on its capital return strategy.
In a further move to enhance shareholder value, the company has entered into an accelerated share repurchase (ASR) agreement with a leading financial institution to repurchase $1 billion of its common stock. This ASR reflects management's conviction in the business and the intrinsic value of Marvell's stock, supported by sustained revenue and cash flow growth, particularly from the expanding opportunity in accelerated infrastructure for AI.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.