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    HomeNewsWorldIntel adds $15 billion to its buyback program

    Intel adds $15 billion to its buyback program

    The company said it had $4.7 billion remaining under its existing repurchase authorization as of Sept. 29.

    Reuters
    November 16, 2018 / 08:08 IST

    Chipmaker Intel Corp said its board has approved a $15 billion increase to its share repurchase program.

    The company said it had $4.7 billion remaining under its existing repurchase authorization as of Sept. 29.

    Intel said it returned about $177 billion to stockholders through dividends and stock repurchases from 1990 through the third-quarter of 2018.

    Reuters
    first published: Nov 16, 2018 07:42 am

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