Intel adds $15 billion to its buyback program
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/10/2026
- Wall Street posts weekly gains with earnings, inflation data on tap
- Oil prices settle higher as more production shut ahead of hurricane
- Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
- UBS flags level in gold prices where dip buyers will likely emerge
- Telecom stocks tumble on SpaceX spectrum acquisition news
Tweet
Share
E-mail
FILE PHOTO: The Intel logo is shown at E3, the world's largest video game industry convention in Los Angeles, California, U.S. June 12, 2018. REUTERS/Mike Blake/File Photo
Get Alerts INTC Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: +69.6%
Join SI Premium – FREE
(Reuters) - Chipmaker Intel Corp (NASDAQ: INTC) 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)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Popular stocks with increasing option volume: INTC PLTR SPCX MU IREN MSTR ORCL GME NFLX CRWV SBUX CMG AVGO
- Musk rules out TSMC role in Terafab operations; Intel gains
- Repole buys 1.4% Churchill Downs stake, driving stock up 6% in Friday trade
Create E-mail Alert Related Categories
General News, ReutersRelated Entities
Dividend, Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
