Broadcom Takes Advantage of Stock Weakness for $10 Billion Share Buyback Program! Stock Down 40% From All-Time High!

The semiconductor manufacturer Broadcom (AVGO) announced in a press release on Monday, April 7, 2025, that it will initiate a share buyback program worth up to $10 billion by December 31, 2025. The share repurchases may occur in various ways, including through the open market or privately negotiated purchases. The stock is already up over 3% in pre-market trading and currently trades at over $159. Board approves share buyback of $10 billion The technology company based in Palo Alto, California, designs, develops, and delivers semiconductor...