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Tag Archives: share repurchase authorization

Broadcom Strikes $10.7B Cash Deal for Symantec’s Enterprise Security Assets; Rick Hill Quoted

Broadcom (Nasdaq: AVGO) has agreed to acquire Symantec's (Nasdaq: SYMC) enterprise security assets for approximately $10.7B in cash. The transaction includes the acquisition of the Symantec name and is expected to conclude before the end of calendar year 2019, subject to regulatory approvals and other customary closing conditions, Symantec said Thursday.

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Boeing Increases Share Buyback Plan to $14B

The board of directors at Boeing (NYSE: BA) has approved an increase in the company’s share repurchase authorization to as much as $14 billion of common stock for the next two to three years. Boeing said Monday it has bought back $6.75 billion in shares and has about $5.25 billion remaining on a prior $12-billion buyback …

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