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.

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s