Key Highlights

  • Lam Research (NASDAQ:LRCX) cleared a USD 25 billion buyback plan on November 5, 2026, the day its stock finished 16.36% lower amid a chip selloff.
  • Airbnb (NASDAQ:ABNB) layered a USD 12 billion repurchase program on top of quarterly diluted EPS of USD 3.16, with extended-session gains reported in a range of about 7% to 11.02%.
  • EPAM Systems (NYSE:EPAM) plans a USD 500 million accelerated repurchase in the week of November 9, 2026, following a 20.63% jump on November 5.
  • Gildan Activewear (NYSE:GIL) reactivated its issuer bid for up to 9,260,156 shares starting November 9, 2026, despite lowering its full-year EPS outlook.

Airbnb (NASDAQ:ABNB): Buyback Expansion Arrives With a Quarterly Beat

Airbnb (NASDAQ:ABNB) delivered third-quarter 2026 numbers after the bell on Thursday, November 5, 2026. Diluted EPS reached USD 3.16, versus USD 2.21 twelve months earlier and published estimates near USD 2.85. Revenue of about USD 4.87 billion climbed 19%, or 16% without currency effects, and came in above analysts' expectations, which were pegged between USD 4.74 billion and USD 4.75 billion. The directors enlarged the buyback envelope by USD 12 billion, which sits alongside USD 2.7 billion still unused under the prior plan after USD 0.7 billion of Class A shares were repurchased during the period. A plan of this kind caps spending and sets no calendar. Set beside free Cash Flow of USD 4.9 billion over the last twelve months, the new sum is roughly 2.4 times that figure (calculated from two reported figures). Extended-session gains were reported at roughly 7% in one account and 11.02% in another, so the honest reading is a band that may narrow once regular trading resumes.

Lam Research (NASDAQ:LRCX): A USD 25 Billion Authorization Set Against a 16.36% Drop

Lam Research (NASDAQ:LRCX) ended Thursday, November 5, 2026 down 16.36%, a day on which the Nasdaq-100 lost 6.36% and the Philadelphia Semiconductor index shed more than 12%, according to one published page. Later the same day, the company said its directors cleared a fresh USD 25 billion repurchase authorization, which the release describes as an addition to whatever is left under an older program, though the remaining amount was not disclosed. A rebound of about 6.26% in extended trading has been reported, yet no independent source has verified it. Under the terms described, purchases could run through the open market or private arrangements, could involve Derivatives or structured contracts, and have no expiration. Management keeps the right to pause or end the plan at any moment and is under no duty to acquire a specific number of shares. Retiring stock lowers the share count, but the same cash could otherwise fund research, capacity or deals. Because Lam supplies the machines chipmakers use to build wafers, its revenue tracks those customers' Capital budgets, and the release offered no fresh outlook. Shareholders also received a USD 0.33 quarterly dividend, paid on January 6, 2027 to investors on the books on December 2, 2026. A partial recovery does not undo a 16.36% decline.

EPAM Systems (NYSE:EPAM): A 20.63% Advance and a Debt-Assisted Accelerated Repurchase

EPAM Systems (NYSE:EPAM), which offers digital engineering and IT services, advanced 20.63% on November 5, 2026, based on a published closing tally that recorded the S&P 500 down 4.36%. The board approved USD 1.5 billion of extra repurchase room, taking total capacity to as much as USD 1.8 billion through December 31, 2029 and superseding a program with USD 293 million still available, a number that equals the sum of the two (calculated). The firm plans to launch a USD 500 million accelerated repurchase in the week of November 9, 2026, funded from cash on hand and Credit Facility borrowings. Under that structure, a bank collects its payment at the outset, hands over the bulk of the stock immediately and reconciles the remainder afterward using the average share price across the term. Third-quarter revenue totaled USD 1.426 billion, a 2.3% gain, while GAAP EPS of USD 2.53 rose 32.5% and non-GAAP EPS of USD 3.51 rose 14.0%. Cash, equivalents and restricted cash were USD 969.9 million on September 30, 2026, a 25.5% drop from the close of 2025, so the USD 500 million program would consume roughly 52% of that balance (calculated). Whether 2026 guidance was raised from an earlier band has not been confirmed, and no market Capitalization figure was verified.

Gildan Activewear (NYSE:GIL): Issuer Bid Revived as Guidance Is Pared Back

On November 5, 2026, Gildan Activewear (NYSE:GIL) reported third-quarter figures: net sales from continuing operations reached USD 1.47 billion, a 61.1% increase that still fell short of a forecast near USD 1.65 billion. Market data showed the shares 22.53% lower during the session, a reading that has not been verified as a closing price. Adjusted diluted EPS for the full year now lands between USD 3.70 and USD 3.80, down from an earlier USD 4.65 to USD 4.75 band, while the free cash flow goal dropped to USD 700 million to USD 750 million from roughly USD 1.0 billion. Management assigned about USD 300 million of the sales shortfall to weaker Demand from end consumers, USD 145 million to smaller restocking orders and USD 75 million to limited product availability. Even so, the company restored its normal course issuer bid for November 9, 2026 through November 8, 2027, which covers as many as 9,260,156 shares, close to 5% of the stock outstanding. That count is an upper limit, not a commitment. The quarter produced USD 606 million of free cash flow, which might underpin the program, though that link is an inference. The cut to the cash flow target and the abandonment of the 2026 to 2028 objectives, however, invite doubt about how fast the Business will rebound. Gildan additionally finished selling HanesBrands Australia on October 26, 2026. Readings taken during trading hours can depart from final closing prices.

Where Things Stand

Not on its own. A buyback can lift sentiment, but it cannot by itself undo a 16.36% decline. Lam Research (NASDAQ:LRCX) paired its USD 25 billion plan with a quarterly payout and an extended-hours rebound near 6% that has been reported but not verified, and the program itself is discretionary and open-ended. Airbnb (NASDAQ:ABNB) stands behind its USD 12 billion plan with solid earnings, although its fourth-quarter Margin outlook is thinner. EPAM Systems (NYSE:EPAM) laid out a defined USD 500 million accelerated deal that is partly borrowing-funded. Gildan Activewear (NYSE:GIL) revived its issuer bid while trimming guidance. None of this is advice. Next up are the EPAM transaction during the week of November 9, the Gildan bid opening on November 9 and the October jobs report due this morning.