Qualcomm approves new $20B stock repurchase authorization

Core Viewpoint - Qualcomm has announced a new stock repurchase authorization of $20.0 billion, which is in addition to the existing program with approximately $2.1 billion remaining [1] Group 1: Stock Repurchase Program - The new stock repurchase program has no expiration date, allowing flexibility in execution [1] - The timing and number of shares to be repurchased will depend on market conditions and other factors [1] - Repurchases may be conducted through various methods, including open market transactions, 10b5-1 programs, accelerated share repurchase programs, privately negotiated transactions, or derivative instruments [1]