0
Wireless

Qualcomm launches accelerated share buyback

Thursday 21 May 2015 | 16:08 CET | News
Qualcomm has announced that it has entered into an accelerated share repurchase programme for USD 5 billion in stock with two financial institutions. The initial delivery will be 57.7 million shares, said Qualcomm, and the repurchase will be funded with proceeds from its recently completed USD 10 billion debt offering. The company added that the repurchases represent a significant step toward meeting its goal of repurchasing USD 10 billion of common stock by March 2016.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Qualcomm
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Qualcomm quarterly profit falls 44%

Published 05 Nov 2015 00:05 CET | World
Qualcomm reported a sharp fall in results for its fiscal fourth quarter to September, hurt by a slowdown in China sales after ...

Qualcomm forecasts lower results as smartphone market slows

Published 23 Jul 2015 09:30 CET | World
Qualcomm reported results for the June quarter down in line with its expectations and forecast a further decline in the next ...

Qualcomm mulling company break-up - report

Published 21 Jul 2015 09:09 CET | World
When Qualcomm reports third-quarter results on 22 July, it may also announce a company-wide strategy review investigating ...

Qualcomm cuts outlook again as Snapdragon sales slow

Published 23 Apr 2015 08:10 CET | World
Qualcomm lowered its full-year outlook, citing a loss of customer share, particularly with one large customer, in the premium ...

Qualcomm rejects calls for new corporate structure

Published 14 Apr 2015 09:21 CET | World
Qualcomm has ruled out a break-up of the company following pressure from a shareholder. The chipmaker said it met with the ...

Qualcomm shareholder pushes for company break-up

Published 13 Apr 2015 09:01 CET | World
Qualcomm is under pressure from activist investor Jana Partners to consider a breakup and other options to boost the chip maker's ...

Qualcomm approves increase in capital return programme

Published 09 Mar 2015 22:09 CET | World
Qualcomm has announced that its board of directors has approved a major increase in the company's capital return programme to ...





Calendar   /   Industry Events

26 Oct Cabsat
26 Oct MWC Los Angeles
27 Oct Android Dev Summit
28 Oct Millicom Q3 2021
28 Oct CyrusOne Q3
28 Oct Telefonica Brasil Q3
28 Oct Rovio Q3 2021
28 Oct MTN Nigeria Q3 2021
28 Oct STMicroelectronics Q3
28 Oct Comcast Q3
28 Oct Nokia Q3 2021
28 Oct Telenor Q3 2021
28 Oct Swisscom Q3 2021
28 Oct American Tower Corporation Q3
28 Oct Poly fiscal Q2
28 Oct HKBN FY results
28 Oct Amazon Q3
28 Oct Samsung Electronics Q3 2021
28 Oct CoreSite Q3 2021
28 Oct Airtel Africa Q3 2021
28 Oct Veon Q3 2021
28 Oct Apple fiscal Q3
28 Oct Telenet Q3 2021
28 Oct Cellnex Q3 2021
28 Oct Berec stakeholders forum
28 Oct Facebook Connect
29 Oct Proximus Q3 2021
29 Oct Tecnotree Q3 results
29 Oct Charter Communications Q3
29 Oct Shaw Communications fiscal Q3
29 Oct NEC fiscal Q2
29 Oct Shentel Q3 2021
::: More Calendar Items