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

3 years ago 441

Qualcomm shares were rising successful extended trading Tuesday aft the mobile spot shaper announced plans for a $10 cardinal banal buyback.

The institution (ticker: QCOM) said its committee approved the banal repurchase authorization, which is effectual instantly and has nary expiration date. It noted the full is successful summation to $900 cardinal successful repurchase authorization from a July 2018 program.