Scalper1 News
Qualcomm (QCOM) announced Thursday it would launch an accelerated share-repurchase program for $5 billion, a move one analyst said shows confidence in the company’s “ability to turn things around.” The San Diego-based chipmaker said in a press release it reached agreements with two financial institutions to repurchase $5 billion in stock, with an initial delivery of about 57.7 million shares. The repurchase is being funded through a recently Scalper1 News
Scalper1 News