U.S. COMPANY FILING
Marvell Technology, Inc. — Form 8-K filed 2025-09-24
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Marvell Technology announced on September 24, 2025, that its Board authorized a $5 billion addition to its existing stock repurchase program and entered into an accelerated share repurchase (ASR) agreement to repurchase $1 billion of common stock, with an initial delivery of approximately 10.7 million shares expected on September 25, 2025. The company will fund the repurchases with existing cash, and final settlement is expected by end of 2025. This follows a $3 billion authorization in March 2024, with $2 billion remaining as of August 2, 2025, and $300 million repurchased since then.
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