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.

November 16, 2018 / 08:08 IST
Story continues below Advertisement

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.

Story continues below Advertisement

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

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!