Skyworks Solutions (Nasdaq: SWKS) ends dividend and approves $2B share buyback

Skyworks Solutions (SWKS) reported its third fiscal quarter 2026 financial results, with revenue of $935 million and GAAP diluted EPS of $0.22. The company announced it would end quarterly cash dividends on common stock and approved a new $2.0 billion share repurchase program through January 31, 2029, as part of a new capital allocation framework for the combined company following its pending acquisition of Qorvo. Regulatory approvals for the Qorvo combination are progressing, with closing targeted within the calendar year.