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When was the last time Lam initiated a "split" of its publicly traded stock?
- The most recent three-for-one split of the Company's common stock was approved by stockholder's on March 6, 2000 and was effective March 17, 2000.
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When is Lam expected to release its next financial results report?
- Please visit our Calendar/Webcasts page to view financial release dates and other upcoming events.
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Can I purchase stock directly from Lam?
- No, Lam does not currently offer a direct stock purchase plan. If you would like to purchase publicly traded stock in Lam Research Corporation, we suggest you contact your broker.
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Does Lam have a DRIP plan?
- No, Lam does not currently offer a Dividend Reinvestment Plan.
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Does Lam issue dividends?
- Lam does not currently pay dividends on its publicly traded stock.
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When was Lam founded? When did Lam issue its IPO?
- Lam was first organized under the laws of the State of California January 21, 1980, and re-organized as a Delaware Corporation September 8, 1989. Lam's initial public offering was May 11, 1984.
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What is the origin of the name "Lam"? Is it an acronym for something?
- Lam was named for its founder, David Lam. Though David Lam is no longer with the Company, the name was retained. The correct reference to the Company is "Lam Research Corporation", but we often do business as just "Lam Research".
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Is Lam currently planning any program to repurchase any of its publicly traded stock in the open market?
- Effective February 23, 2007, Lam's Board of Directors authorized the repurchase of up to $750 million shares of the Company's common stock. Under the terms of the repurchase program, Lam will be able to repurchase shares at a pace determined by management. Under the Board's two previous repurchase authorizations, totaling $750 million, Lam had repurchased approximately 16.7 million shares at an aggregate cost of approximately $604.9 million through February 22, 2007.
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Who is Lam's "transfer agent"?
- Lam's designated transfer agent is Mellon Investor Services LLC. The transfer agent is responsible for maintaining all records of stockholders (including change of address, telephone number, and name), canceling or issuing stock certificates and resolving problems related to lost, destroyed or stolen certificates. If you are a stockholder of Lam Research Corporation and need to change your records pertaining to stock, please contact:
Mellon Investor Services LLC
Shareholder Services
85 Challenger Road
Ridgefield Park, NJ 07606
Ph: 1-800-522-6645
or 1-800-356-2017
Foreign Callers: 1-201-329-8660
Email: shrrelations@melloninvestor.com
Facsimile Number: 1-201-329-8960
Website: www.melloninvestor.com
The Investor Service Direct (ISD) system will allow the holder, once a pin is established, to view their holdings (shares issued by certificate only), request duplicate 1099's and update contact information.
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