Entegris authorizes $500 million buyback and plans 10% dividend increase
At its Capital Markets Day on November 9, 2026, Entegris presented long-term targets of about 15% revenue CAGR, about 55% adjusted gross margin, about 35% adjusted operating margin and about 30% adjusted EPS CAGR. The Board authorized a share repurchase program of up to $500 million with no expiration date, and the company expects to raise its quarterly cash dividend by 10% beginning in the first quarter of 2027, subject to Board approval. The targets are long-term and not current results, but the buyback and dividend plan are concrete capital return steps for shareholders.
Key points
- Board authorized repurchases of up to $500 million of common stock on November 8, 2026, with no expiration date.
- Quarterly cash dividend expected to rise 10% beginning in the first quarter of 2027, subject to Board declaration.
- Long-term targets: revenue CAGR of about 15%, adjusted gross margin of about 55%, adjusted operating margin of about 35%, adjusted EPS CAGR of about 30%.
- Management says it expects to return about 50% of excess cash to shareholders.
The filing
Written by AI on Nov 10, 2026, 7:39 AM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.