On August 5, 2026, Rambus Inc., a provider of industry-leading chips and silicon IP for data center and artificial intelligence (AI) infrastructure, announced that it initiated an accelerated share repurchase program with Mizuho Markets Americas LLC to repurchase an aggregate of $100 million of its common stock. Wilson Sonsini Goodrich & Rosati is representing Rambus in the transaction.

Under the accelerated share repurchase program, Rambus will pre-pay $100 million to Mizuho and receive an initial delivery of approximately 796,000 shares of its common stock. The final number of shares to be repurchased will be determined based on the volume-weighted average price of Rambus common stock during the term of the transaction, less a discount. The program is expected to be completed by the end of the third quarter of 2026.

The Wilson Sonsini team advising Rambus on the transaction includes:

Derivatives
Andrew Ralston
Roshanne Arathoon
Rebecca Knowles

Corporate
Michael Coke
Amanda Urquiza
Jacob Morales
Riven Bu

For more information, please see Rambus’ news release and Form 8-K filing.