Qualcomm unveils $10-billion stock repurchase plan

Jamie McKane

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Qualcomm unveils $10-billion stock repurchase plan

Qualcomm Inc. unveiled a new plan to buy back $10 billion in stock, replacing an earlier repurchase program that was almost exhausted.

The San Diego-based company, the world’s largest maker of mobile-phone chips, said the plan authorized by the board has no expiration date.

[Bloomberg]
 
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