Qualcomm Stock Is Rising After Its Board Approved a Huge Buyback Plan

 Qualcomm Stock Is Rising After Its Board Approved a Huge Buyback Plan

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https://www.barrons.com/articles/qualcomm-stock-buyback-51634075742


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Qualcomm shares were rising in extended trading Tuesday after the mobile chip maker announced plans for a $10 billion stock buyback.

The company (ticker: QCOM) said its board approved the stock repurchase authorization, which is effective immediately and has no expiration date. It noted the total is in addition to $900 million in repurchase authority from a July 2018 program.

Qualcomm…


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