Intel adds $15 billion to its share buyback program

As of September 29, 2018, Intel had reported that its share buyback warchest had a balance of $4.7 billion.

U.S. chipmaking giant Intel Corp has disclosed, its board has approved a $15 billion increase in its share buyback program.

As of September 29, 2018, Intel had reported that it had $4.7 billion remaining under its existing share repurchase program.

The chipmaker has stated, it has returned nearly $177 billion to shareholders through dividends and share buybacks from 1990 through the third-quarter of 2018.

 

 

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