On August 13, 2026, during its Investor Day event, SanDisk declared that, following the conclusion of its business investments, it intends to distribute 100% of its surplus free cash flow back to its shareholders. The primary method of distribution will be through stock buybacks, with an estimated $15.5 billion still earmarked for this purpose within the buyback program. Concurrently, the company anticipates maintaining its adjusted free cash flow margin at a robust 50% from the fiscal years 2028 through to 2030.