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Here's How Much Stock Qualcomm Repurchased in the Past Year
QCOMQualcomm(QCOM) The Motley Fool·2024-05-01 12:14

Qualcomm has a multibillion-dollar buyback, but it's not the shareholder windfall you might think.Tech giant Qualcomm (QCOM -1.98%) makes leading modem chips for smartphones and owns the key patents in cellular technology. Qualcomm has also recently invested in new growth markets such as automotive and Internet of Things chips.As a large technology blue chip stock, Qualcomm has also been a regular repurchaser of its own stock. But how effective have these repurchases really been?$2.05 billion, but there's a ...