Here's How Much Stock Applied Materials Repurchased in the Past Year

The company has set aside billions of dollars to buy back its own shares.Applied Materials (AMAT -4.58%) is one of the largest providers of semiconductor manufacturing equipment. While demand for its products can be volatile, ebbing and flowing with the state of the economy and the semiconductor market, Applied Materials has seen its profits soar over the past decade. These profits provide the fuel for the company's expansive share-buyback program.Spending billions on buybacksApplied Materials announced a $ ...