AMD announces $6 billion buyback; shares climb 8%

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.AMD said on Wednesday that its board of directors approved $6 billion in share buybacks. The stock climbed 6$4 billion in existing approved share repurchases, the company said."Our expanded share repurchase program reflects the Board's confidence in AMD's strategic direction, growth prospects, and ability to consisten ...