On February1 2024 KLA Corporation issued $500000000 aggregate principal amount of its 4.700% Senior Notes due 2034 (the 2034 Notes) and $250000000 aggregate principal . amount of 4.950% Senior . Notes were offered and sold in a public offering pursuant to the . Company’s registration statement on Form S-3 (File No.333-265497) (the Registration Statement) including the base prospectus contained therein filed with the Securities and Exchange Commission under the Securities Act of 1933 as amended (the Securities Act) and a preliminary prospectus supplement dated January 30 2024 .

Intelligent businesswoman explaining documents in office
Photo by Andrea Piacquadio courtesy Pexels


The 2034 notes bear interest at a rate of . 4.7% per year and will mature on February1 2034 and the 2052 note . Interest on the 2034 note is . payable on February 1 and August 1 of each year beginning on August 1 2024 (February 1 2024) Interest on 2034 Note is payable on January 15 and August 15 . and July 15, August 1 each year (January 1, 2024). The Company may redeem an applicable series of Notes in whole or in part at a redemption price equal to the greater of 100% of the Principal amount of the Notes to be redeemed at the applicable Par Call Date (as defined below) The Indenture Indenture contains negative covenants of the Indenture of the 20

Price Summary

On 2024-02-02, the price of KLA Corporation opened at 595.25 and closed at 604.32 making a low of 593.01 and a high of 607.63 and the volume was at 854300.

The highest price for the 52-week period for the stock is 641.69 and the lowest price over the same period is 357.36.

Recommendations from 18 analysts put the price expectation for KLAC to range between 500.0 and 700.0. The mean price expectation is about 581.11.

Technicals

The current price of 604.32 finds support at 445.56 and resistance at 458.66.

KLAC supportResistance 4630b4
Support/Resistance for KLAC


The PSAR continues its bearish outlook and sets a level of resistance.

KLAC psar 4630b4
Parabolic Stop and Reverse chart for KLA Corporation


The moving averages for 20-50-100 are aligned bearishly but the slopes for the 20/50 SMAs are starting to waver, indicating a possible move to a bullish price action soon.

KLAC trippleSMA 4630b4
Tripple SMA chart for KLA Corporation