Broadcom Inc. announced on April 7, 2025, that its Board of Directors has authorized a new share repurchase program of up to $10 billion of its common stock. This program is set to run through December 31, 2025.
The authorization reflects the Board's confidence in the strength of Broadcom's diversified semiconductor and infrastructure software product franchises. CEO Hock Tan highlighted the company's unique positioning in mission-critical infrastructure software and its role in enabling hyperscalers to drive innovation in generative AI.
CFO Kirsten Spears stated that the new share repurchase program reflects confidence in Broadcom's strong cash flow generation and aims to deliver value to stockholders. Repurchases may be made through various methods, including open market or privately negotiated purchases, with timing and amount dependent on market conditions and other factors.
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