Intel adds $15 billion to its buyback program

Explore Business Standard

(Reuters) - Chipmaker Intel Corp said on Thursday 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.
Intel said it returned about $177 billion to stockholders through dividends and stock repurchases from 1990 through the third-quarter of 2018.
(Reporting by Laharee Chatterjee in Bengaluru; Editing by Sriraj Kalluvila)
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Nov 16 2018 | 4:50 AM IST