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Applied Materials: Applied Materials Announces $3 Billion Share Repurchase Authorization

SANTA CLARA, Calif., April 26, 2015 -- Applied Materials, Inc. (NASDAQ: AMAT)
today announced that its Board of Directors has approved a new share
repurchase program authorizing up to $3 billion in repurchases over the next
three years beginning in the third quarter of fiscal 2015.

"We are pleased to announce this new share repurchase program," said Gary
Dickerson, president and chief executive officer of Applied Materials. "This
program reflects our confidence in our performance and opportunities as well
as our strong commitment to shareholder returns."

Forward-Looking Statements:

This press release contains forward-looking statements, including those
regarding Applied's performance, opportunities, financial position and
capital allocation strategy. These statements and their underlying
assumptions are subject to known and unknown risks and uncertainties that
could cause actual results to differ materially from those expressed or
implied by such statements, including but not limited to: the level of demand
for Applied's products, which is subject to many factors, including uncertain
global economic and industry conditions, end-demand for electronic products
and semiconductors, and customers' new technology and capacity requirements;
the timing and nature of technology transitions; the concentrated nature of
Applied's customer base; Applied's ability to (i) develop, deliver and
support a broad range of products and expand its markets, (ii) achieve the
objectives of operational and strategic initiatives, (iii) obtain and protect
intellectual property rights in key technologies, (iv) attract, motivate and
retain key employees, and (v) accurately forecast future results, which
depends on multiple assumptions related to, without limitation, market
conditions, customer requirements and business needs; and other risks
described in Applied's SEC filings, including its most recent Form 10-Q. All
forward-looking statements are based on management's estimates, projections
and assumptions as of the date hereof. Applied undertakes no obligation to
update any forward-looking statements.

Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in precision
materials engineering solutions for the semiconductor, flat panel display and
solar photovoltaic industries. Our technologies help make innovations like
smartphones, flat screen TVs and solar panels more affordable and accessible
to consumers and businesses around the world. Learn more

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Kevin Winston (editorial/media) 408.235.4498

Michael Sullivan (financial community) 408.986.7977


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Applied Materials via Globenewswire


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