NasdaqGS:SANMElectronic
Why Sanmina (SANM) Is Up 8.8% After Strong Q2 Results And New $600 Million Buyback Program
In late April 2026, Sanmina Corporation reported second-quarter fiscal 2026 results showing sales of US$4,013.27 million and net income of US$93.65 million, while outlining new revenue guidance for the third quarter and full year and expanding its capital return plans with a fresh US$600 million share repurchase authorization.
Alongside this, Sanmina signaled an appetite for acquisitions that meet its return thresholds, filed a US$230.59 million employee stock offering shelf, and saw its...