GlobalFoundries outlines long-term growth and first dividend
The company targets returning up to 50% of free cash flow to shareholders through dividends and buybacks.
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Manufacturer of essential semiconductors
gf.comLast updated
In short: GlobalFoundries exceeded Q1 revenue expectations, hitting $1.6 billion, and introduced its first quarterly dividend during its 2026 Investor Day.
The company targets returning up to 50% of free cash flow to shareholders through dividends and buybacks.
Revenue of $1.634B, gross margin 27.6%, net income $104M.
The lawsuits allege infringement of 11 GF patents and seek injunctive relief and damages.
The offering is for 20M shares from Mubadala, and GF will repurchase $300M shares.
On May 13, 2026, Michael Hogan, the Chief Strategy Officer of GLOBALFOUNDRIES Inc, sold 2,800 shares of the company, according to a SEC Filing. Following...
Globalfoundries chief customer officer Vicari sells $657k in shares...
US stock options flow analysis and unusual options activity tracking to identify smart money positions in the market. Our options intelligence reveals hidden bets and...
Patrick Seitz / Investor's Business Daily: GlobalFoundries reports Q1 revenue up 3% YoY to $1.63B, in line with est., and forecasts Q2 revenue and adjusted...
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