Rambus Initiates $100 Million Accelerated Share Repurchase Program

Rambus Inc. announced it has entered into an accelerated share repurchase (ASR) agreement with Mizuho Markets Americas LLC to repurchase approximately $100 million of its common stock. The transaction, dated August 4, 2026, is part of a broader, previously authorized share repurchase program.

Key Details

• Repurchase Amount: The company will pre-pay $100 million to repurchase its common stock.
• Initial Share Delivery: Rambus will receive an initial delivery of approximately 796,000 shares.
• Timeline: The ASR program is expected to be completed by the end of the third quarter of 2026.
• Final Settlement: The final number of shares repurchased will be based on the volume-weighted average price of Rambus's common stock during the transaction term, less a discount.