Thursday, November 15, 2018

Intel adds $15 billion to stock repurchase authorization

Intel's board of directors approved a $15.0 billion increase in its authorized stock repurchase program. The company had $4.7 billion remaining under its existing repurchase authorization as of Sept. 29, 2018.

The company notes that it has returned approximately $177 billion to stockholders through dividends and stock repurchases from 1990 through the third-quarter of 2018.

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