Rambus starts $100 million accelerated share repurchase with Mizuho
On August 4, 2026, Rambus entered an accelerated share repurchase agreement with Mizuho under which it will pre-pay $100 million to buy back its common stock. The program is part of a broader buyback previously authorized by the board, and the filing says it is expected to finish by the end of the third quarter of 2026. The final number of shares repurchased will depend on the stock's volume-weighted average price over the term, less a discount.
Key points
- Rambus will pre-pay $100 million to Mizuho Markets Americas LLC, acting through Mizuho Securities USA LLC.
- The company will receive an initial delivery of approximately 796,000 shares.
- The final share count depends on the volume-weighted average price during the term, less a discount.
- The program is expected to be completed by the end of the third quarter of 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.