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Qualcomm announces new US$10 billion stock buyback

Qualcomm announces new US$10 billion stock buyback

FILE PHOTO: Qualcomm's logo is seen during Mobile World Congress in Barcelona, Spain, February 28, 2017. REUTERS/Eric Gaillard/File Photo

Qualcomm on Tuesday announced a new US$10 billion stock buyback, effective immediately.

The repurchase will add to the company's stockbuyback program announced in July 2018, which has US$900 million of repurchase authority remaining.

Source: Reuters

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