Broadcom Powers Up With $10B Share Buyback as AI Business Surges

PALO ALTO, Calif., April 7, 2025 /PRNewswire/ — Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced that its Board of Directors has authorized a new share repurchase program to repurchase up to $10 billion of its common stock through December 31, 2025.

“Today’s announcement of a $10 billion share repurchase program reflects the Board’s confidence in the strength of Broadcom’s…