MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: Market Information
Our common stock is listed on The Nasdaq Global Select Market under the trading symbol “MU.”
1 unchanged sentence
As of October 1, 2021, there were 1,844 shareholders of record of our common stock.
+Added: On August 2, 2021, we announced that our Board of Directors had declared a quarterly dividend of $0.10 per share, payable in cash on October 18, 2021, to shareholders of record as of the close of business on October 1, 2021.
+Added: We currently expect quarterly dividends to continue in future periods and aim to grow our dividend payments over time.
+Added: However, the declaration and payment of any future cash dividends are at the discretion and subject to the approval of our Board of Directors.
+Added: Our Board of Directors' decisions regarding the amount and payment of dividends will depend on many factors, such as our financial condition, results of operations, capital requirements, business conditions, debt service obligations, contractual restrictions, industry practice, legal requirements, regulatory constraints, and other factors that our Board of Directors may deem relevant.
+Added: We cannot guarantee that we will continue to pay a dividend in any future period.
Equity Compensation Plan Information
4 unchanged sentences
The repurchase authorization has no expiration date, does not obligate us to acquire any common stock, and is subject to market conditions and our ongoing determination of the best use of available cash.
−Removed: Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Maximum number (or approximate dollar value) of shares that may yet be purchased under publicly announced plans or programs
−Removed: May 29, 2020 – July 2, 2020 824,339 $ 49.91 824,339
−Removed: July 3, 2020 – July 30, 2020 — — —
−Removed: July 31, 2020 – September 3, 2020 — — —
+Added: Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Approximate dollar value of shares that may yet be purchased under publicly announced plans or programs (in millions)
+Added: June 4, 2021 – July 8, 2021 1,872,825 $ 80.48 1,872,825
+Added: July 9, 2021 – August 5, 2021 7,735,146 76.63 7,735,146
+Added: August 6, 2021 – September 2, 2021 4,242,303 72.29 4,242,303
13,850,274 $ 75.82 13,850,274 $5,962
Shares of common stock withheld as payment of withholding taxes and exercise prices in connection with the vesting or exercise of equity awards are also treated as common stock repurchases.
−Removed: Those withheld shares of common stock are not considered common stock repurchases under an authorized common stock repurchase plan and accordingly are excluded from the amounts in the table above.
+Added: Those withheld shares of common stock are not required to be disclosed under Item 703 of Regulation S-K and accordingly are excluded from the amounts in the table above.
Performance Graph
4 unchanged sentences
Management cautions that the stock price performance information shown in the graph above may not be indicative of current stock price levels or future stock price performance.
+Added: 38 | 2021 10-K
The performance graph above assumes $100 was invested on August 31, 2016 in common stock of Micron Technology, Inc., the S&P 500 Composite Index, and the Philadelphia Semiconductor Index (SOX).
6 unchanged sentences
Philadelphia Semiconductor Index (SOX) 100 141 181 198 303 464
−Removed: 33 | 2020 10-K
−Removed: SELECTED FINANCIAL DATA
−Removed: 2020 2019 2018 2017 2016
−Removed: (in millions, except per share amounts)
−Removed: Revenue $ 21,435 $ 23,406 $ 30,391 $ 20,322 $ 12,399
−Removed: Gross margin 6,552 10,702 17,891 8,436 2,505
−Removed: Operating income 3,003 7,376 14,994 5,868 168
−Removed: Net income (loss) 2,710 6,358 14,138 5,090 (275)
−Removed: Net income (loss) attributable to Micron 2,687 6,313 14,135 5,089 (276)
−Removed: Diluted earnings (loss) per share 2.37 5.51 11.51 4.41 (0.27)
−Removed: Cash and short-term investments 8,142 7,955 6,802 5,428 4,398
−Removed: Total current assets 17,965 16,503 16,039 12,457 9,495
−Removed: Property, plant, and equipment 31,031 28,240 23,672 19,431 14,686
−Removed: Total assets 53,678 48,887 43,376 35,336 27,540
−Removed: Total current liabilities 6,635 6,390 5,754 5,334 4,835
−Removed: Long-term debt 6,373 4,541 3,777 9,872 9,154
−Removed: Total Micron shareholders’ equity 38,996 35,881 32,294 18,621 12,080
−Removed: Noncontrolling interests in subsidiaries — 889 870 849 848
−Removed: Total equity 38,996 36,770 33,164 19,470 12,928
−Removed: On October 31, 2019, we purchased Intel’s noncontrolling interest in IMFT, now known as MTU, and IMFT Member Debt for $1.25 billion.
−Removed: Financial Statements and Supplementary Data – Notes to Consolidated Financial Statements – Debt” and “– Equity.”
−Removed: In December 2016, we acquired the 67% remaining interest in Inotera and began consolidating Inotera's operating results.
−Removed: In the periods presented above through December 2016, Inotera sold DRAM products exclusively to us through supply agreements.
−Removed: The cash paid for the Inotera Acquisition was funded, in part, with a term loan of 80 billion New Taiwan dollars and $986 million from the sale of 58 million shares of our common stock.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.