FOR IMMEDIATE RELEASE
Investor Relations:
KLA-TENCOR DECLARES REGULAR CASH DIVIDEND FOR THIRD
QUARTER OF FISCAL YEAR 2010
Company Resumes Stock Repurchase Program
MILPITAS, Calif.-February 4, 2010 (PR Newswire) - KLA-Tencor Corporation (NASDAQ: KLAC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share on its common stock payable on March 1, 2010 to KLA-Tencor stockholders of record as of the close of business on February 16, 2010.
KLA-Tencor further announced that it is resuming its stock repurchase program, under which 9.8 million shares are available for repurchase pursuant to a previous authorization by the company's Board of Directors
. Under the Board's authorization, repurchases may be made both in open market transactions and through private transactions. The timing and actual number of shares repurchased will depend on a variety of factors, including market conditions and applicable legal requirements.Forward-Looking Statements:
Statements in this press release other than historical facts, such as statements regarding KLA-Tencor's repurchases of its own common stock, including the execution and form of such repurchases, are forward-looking statements, and are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current information and expectations, and involve a number of risks and uncertainties. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to: the condition of the global capital markets, and in particular the market for KLA-Tencor's common stock; the financial condition of KLA-Tencor; and changes in the applicable regulatory and legal environments. For other factors that may cause actual results to differ materially from those projected and anticipated in forward-looking statements in this release, please refer to KLA-Tencor's Annual Report on Form 10-K for the year ended June 30, 2009 and other subsequent filings with the Securities and Exchange Commission (including, but not limited to, the risk factors described therein). KLA-Tencor assumes no obligation to, and does not currently intend to, update these forward-looking statements.About KLA-Tencor:
KLA-Tencor Corporation, a leading provider of process control and yield management solutions, partners with customers around the world to develop state-of-the-art inspection and metrology technologies. These technologies serve the semiconductor, data storage, compound semiconductor, photovoltaic, and other related nanoelectronics industries. With a portfolio of industry-standard products and a team of world-class engineers and scientists, the company has created superior solutions for its customers for over 30 years. Headquartered in Milpitas, California, KLA-Tencor has dedicated customer operations and service centers around the world. Additional information may be found at www.kla-tencor.com. (KLAC-F)# # #