Micron Technology Inc 8-K, filed May 12, 2022
Micron Technology Inc (MU)
8-K
2022-05-12
For: 2022-05-12
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Added on
April 02, 2026
About this 8-K
Micron Technology Inc filed this 8-K on May 12, 2022.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
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| Item 8.01. | Other Events. | ||||
On May 12, 2022, at its Investor Day presentation, Micron Technology, Inc. (the “Company”) announced its intention to increase its quarterly dividend from $0.10 per share of outstanding Company common stock to $0.115 per share of outstanding Company common stock.
The declaration and payment of any dividend is subject to the approval of the Company’s Board of Directors, and the Company’s dividend may be discontinued or reduced at any time. Future dividends, if any, and their timing and amount, may be affected by, among other factors: the Company’s financial condition, results of operations, capital requirements, business conditions, debt service obligations, contractual restrictions, industry practice, legal requirements, regulatory constraints, and other factors that the Company’s Board of Directors may deem relevant.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements regarding the Company’s payment of dividends. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents the Company files with the Securities and Exchange Commission, specifically the Company’s most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause the Company’s actual results to differ materially from those contained in these forward-looking statements. These certain factors can be found at micron.com/certainfactors. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance, or achievements. The Company is under no duty to update any of the forward-looking statements after the date of this Current Report to conform these statements to actual results.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MICRON TECHNOLOGY, INC. | |||||||||||
| Date: | May 12, 2022 | By: | /s/ Mark Murphy | ||||||||
| Name: | Mark Murphy | ||||||||||
| Title: | Executive Vice President and Chief Financial Officer | ||||||||||