Broadcom Inc. Announces $10 Billion Share Repurchase Authorization

Broadcom Inc. has approved a new share repurchase program allowing the company to buy back up to $10 billion of its common stock through December 31, 2025. The announcement reflects the Board’s confidence in the company’s strong cash flow and leadership in semiconductor and infrastructure software. CEO Hock Tan highlighted Broadcom’s strategic role in enabling generative AI across hyperscale platforms, while CFO Kirsten Spears emphasized the move as a way to deliver value to shareholders. Repurchases may occur via open market or private transactions and can be adjusted based on business conditions.