
Rambus Inc. (NASDAQ:RMBS), a premier chip and silicon IP provider making data faster and safer, today announced that it initiated an accelerated share repurchase program with Mizuho Markets Americas LLC, through its

<p xmlns="http://www.w3.org/1999/xhtml">
Rambus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/RMBS">RMBS</a>), a premier chip and silicon IP provider making data faster and safer, today announced that it initiated an accelerated share repurchase program with Mizuho Markets Americas LLC, through its agent Mizuho Securities USA LLC ("Dealer") to repurchase an aggregate of approximately $100 million of its common stock.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This accelerated share repurchase reflects our confidence in the business and reinforces our commitment to disciplined capital allocation," said Luc Seraphin, president and chief executive officer at Rambus. "Supported by the strength of our balance sheet and continued cash generation, we remain focused on increasing stockholder value while investing in the long-term growth of the company."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Under the accelerated share repurchase program, Rambus will pre-pay $100 million to Dealer and receive an initial delivery of approximately 796,000 shares of its common stock. The final number of shares to be repurchased will be determined based on the volume-weighted average price of Rambus common stock during the term of the transaction, less a discount. The program is expected to be completed by the end of the third quarter of 2026.

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The accelerated share repurchase program is part of the broader share repurchase program previously authorized by the Rambus Board of Directors.

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<b xmlns="http://www.w3.org/1999/xhtml">About Rambus Inc.</b>

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Rambus delivers industry-leading chips and silicon IP for the data center and AI infrastructure. With over three decades of advanced semiconductor experience, our products and technologies address the critical bottlenecks between memory and processing to accelerate data-intensive workloads. By enabling greater bandwidth, efficiency and security across next generation computing platforms, we make data faster and safer. For more information, visit rambus.com.

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<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

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This release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 relating, among other things, to the terms of Rambus’ accelerated share repurchase program, including timing. Such forward-looking statements are based on current expectations, estimates and projections, management’s beliefs and certain assumptions made by Rambus’ management. Actual results may differ materially. The forward-looking statements contained in this press release are subject to risks and uncertainties, including those more fully described in Rambus’ Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The forward-looking statements in this press release are based on information available to Rambus as of the date hereof, and Rambus undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

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Related Links

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</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260805283969r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260805283969/en/" rel="nofollow">https://www.businesswire.com/news/home/20260805283969/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Nicole Noutsios
<br xmlns="http://www.w3.org/1999/xhtml"></br>Rambus Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>(510) 315-1003
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:rambus@nmnadvisors.com" shape="rect">rambus@nmnadvisors.com</a>

</p>

RMBS

Rambus Initiates $100 Million Accelerated Share Repurchase Program

Rambus launches $100M accelerated buyback signaling capital discipline

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Rambus Inc. (NASDAQ:RMBS), a premier chip and silicon IP provider making data faster and safer, today announced that it initiated an accelerated share repurchase program with Mizuho Markets Americas LLC, through its</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Rambus announced an accelerated share repurchase with Mizuho to buy back about $100 million of its stock, with an initial 796,000 shares delivered. The final share count depends on VWAP less a discount, with completion targeted by the end of Q3 2026, signaling capital discipline and confidence in cash generation.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Rambus launches $100M accelerated share repurchase with Mizuho. Initial delivery ~796k shares.</li><li>Final share count based on VWAP minus a discount; timing variable.</li><li>Program expected to complete by end of Q3 2026.</li><li>Broader buyback authorization supports capital allocation strategy.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Rambus, RMBS (RMBS)</strong>: Initiates $100M ASR; potential near-term stock support and EPS uplift.</li><li><strong>Mizuho Markets Americas LLC (N/A)</strong>: Dealer; executes ASR, enabling the repurchase.</li><li><strong>Mizuho Securities USA LLC (N/A)</strong>: Agent; facilitates terms and settlement.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article reflects a capital-allocation move (ASR) that can sway RMBS stock sentiment and near-term price, even if fundamentals remain unchanged.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>ASR size and schedule could provide near-term RMBS price support.</li><li>VWAP-based final tally and discount create potential price volatility.</li><li>Absence of earnings or legal catalysts shifts focus to capital return.</li><li>Buyback may bolster sentiment in the tech hardware/IP sector.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>$100 million accelerated share repurchase program.</li><li>Initial delivery of approximately 796,000 Rambus shares.</li><li>Final shares determined by VWAP during term, less a discount.</li><li>Completion expected by end of Q3 2026.</li><li>ASR is part of a broader buyback program.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term RMBS upside as the buyback supports share price and per-share value through 3Q26.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Rambus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/RMBS">RMBS</a>), a premier chip and silicon IP provider making data faster and safer, today announced that it initiated an accelerated share repurchase program with Mizuho Markets Americas LLC, through its agent Mizuho Securities USA LLC ("Dealer") to repurchase an aggregate of approximately $100 million of its common stock.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This accelerated share repurchase reflects our confidence in the business and reinforces our commitment to disciplined capital allocation," said Luc Seraphin, president and chief executive officer at Rambus. "Supported by the strength of our balance sheet and continued cash generation, we remain focused on increasing stockholder value while investing in the long-term growth of the company."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Under the accelerated share repurchase program, Rambus will pre-pay $100 million to Dealer and receive an initial delivery of approximately 796,000 shares of its common stock. The final number of shares to be repurchased will be determined based on the volume-weighted average price of Rambus common stock during the term of the transaction, less a discount. The program is expected to be completed by the end of the third quarter of 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The accelerated share repurchase program is part of the broader share repurchase program previously authorized by the Rambus Board of Directors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Rambus Inc.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Rambus delivers industry-leading chips and silicon IP for the data center and AI infrastructure. With over three decades of advanced semiconductor experience, our products and technologies address the critical bottlenecks between memory and processing to accelerate data-intensive workloads. By enabling greater bandwidth, efficiency and security across next generation computing platforms, we make data faster and safer. For more information, visit rambus.com.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 relating, among other things, to the terms of Rambus’ accelerated share repurchase program, including timing. Such forward-looking statements are based on current expectations, estimates and projections, management’s beliefs and certain assumptions made by Rambus’ management. Actual results may differ materially. The forward-looking statements contained in this press release are subject to risks and uncertainties, including those more fully described in Rambus’ Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The forward-looking statements in this press release are based on information available to Rambus as of the date hereof, and Rambus undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Related Links

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<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.rambus.com%2F&amp;esheet=54583720&amp;newsitemid=20260805283969&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.rambus.com%2F&amp;index=1&amp;md5=3cdbaaea66a746e0e5061e41ebf57e78" shape="rect">https://www.rambus.com/</a>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260805283969r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260805283969/en/" rel="nofollow">https://www.businesswire.com/news/home/20260805283969/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Nicole Noutsios
<br xmlns="http://www.w3.org/1999/xhtml"></br>Rambus Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>(510) 315-1003
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:rambus@nmnadvisors.com" shape="rect">rambus@nmnadvisors.com</a>

</p>

Rambus announced an accelerated share repurchase with Mizuho to buy back about $100 million of its stock, with an initial 796,000 shares delivered. The final share count depends on VWAP less a discount, with completion targeted by the end of Q3 2026, signaling capital discipline and confidence in cash generation.

News insight

Rambus Initiates $100 Million Accelerated Share Repurchase Program

AI summary

Sentiment rationale

Key facts

Corporate Developments