Qualcomm Gets Good Reviews From Hiking Stock Buybacks

By | March 10, 2015

Scalper1 News

Qualcomm (QCOM) received positive reviews and stock target-price hikes following its announcement late Monday that it will significantly increase its capital return program. At its annual stockholders meeting Monday, Qualcomm announced that it will repurchase up to $15 billion of its common shares, with the intent to complete $10 billion of the repurchases in the next 12 months. This replaces the previous stock-repurchasing program that had $2 Scalper1 News

Scalper1 News