Skyworks eliminates dividend, authorizes $2B buyback, plans $2B debt for Qorvo acquisition

Filed July 28, 2026 · Period ending July 27, 2026 · ~1 min read

Key Changes

• high

  Skyworks eliminated its quarterly cash dividend entirely, redirecting capital toward share repurchases, balance sheet deleveraging, and opportunistic M&A as part of a new capital allocation framework for the combined company.

  Item 8.01 verify on EDGAR →
• high

  The board authorized a new $2 billion stock repurchase program through January 31, 2029, replacing the prior $2 billion program approved in February 2025. The company expects to fund repurchases using working capital.

  Item 8.01 verify on EDGAR →
• high

  Skyworks announced it anticipates raising approximately $2 billion of acquisition debt financing for the pending Qorvo combination, with management optimistic about closing within the calendar year.

  Exhibit 99.1 view on EDGAR →