Sandisk Corp 8-K

What Happened

• On April 30, 2026, Sandisk Corporation (SNDK) announced financial results for its fiscal third quarter ended April 3, 2026 (Item 2.02) via a press release attached as Exhibit 99.1 to the Form 8-K. The same filing (Item 8.01) disclosed that the Board approved a $6.0 billion share repurchase program.

Key Details

• Fiscal Q3 results announced for the quarter ended April 3, 2026; press release attached as Exhibit 99.1.
• Board-approved share repurchase program: $6.0 billion (exclusive of fees and commissions).
• Repurchases may be made in the open market or via other methods (including Rule 10b5‑1 plans) and may be suspended or discontinued at any time.
• The company expects to fund repurchases with operating cash flows; approval does not obligate Sandisk to repurchase any shares.

Why It Matters

• Quarterly results provide the latest update on Sandisk’s earnings and revenue trends; investors should review the attached press release for the detailed financial metrics.
• A $6 billion buyback is a material capital allocation decision that can reduce share count and potentially support per‑share metrics, but timing and size of actual repurchases depend on market conditions and management decisions.