Broadcom (AVGO) Shareholders Approve Redomiciliation to U.S.
Get Alerts AVGO Hot Sheet
Price: $389.28 +0.37%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +83.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +83.2%
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Broadcom Limited (NASDAQ: AVGO) has announced that, at its shareholder meeting held earlier today, its shareholders have voted overwhelmingly to approve its redomiciliation to the United States, with over 99% of the votes cast by Broadcom shareholders voting in favor.
Broadcom currently anticipates that its redomiciliation will be completed on April 4, 2018 after close of trading, subject to prior approval by the High Court of the Republic of Singapore of the statutory scheme of arrangement in Singapore to implement the redomiciliation.
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