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  Technology   In Other news  16 Nov 2018  Intel adds USD 15 billion to its buyback program

Intel adds USD 15 billion to its buyback program

REUTERS
Published : Nov 16, 2018, 3:24 pm IST
Updated : Nov 16, 2018, 3:24 pm IST

The company said it had USD 4.7 billion remaining under its existing repurchase authorisation as of September 29.

Intel said it returned about USD 177 billion to stockholders through dividends.
 Intel said it returned about USD 177 billion to stockholders through dividends.

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

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

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

(Source)

Tags: intel, buyback program