NYSE:GLWElectronic
Is Meta Fiber Deal And Margin Milestone Altering The Investment Case For Corning (GLW)?
In recent weeks, Corning announced it had completed a long-running US$2.03 billion share repurchase program, affirmed a quarterly dividend of US$0.28 per share payable on March 30, 2026, and secured a multiyear US$6 billion fiber-optic supply agreement with Meta for AI data centers.
Together with reaching its 20% operating margin goal ahead of schedule and expanding optical capacity, these moves highlight Corning’s deepening role in AI infrastructure and its focus on returning cash to...