SanDisk Tells Investors It Will Hand Back All Spare Cash

At its August 13, 2026 Investor Day, SanDisk (Nasdaq: SNDK) promised to give shareholders 100% of its spare cash — every dollar left after paying its bills and investing in the business. Since there's no minimum payout, the amount will swing with how much memory-chip prices earn. No sales, profit, or spending targets were shared. It's been about a year since SanDisk split from Western Digital.