Broadcom Unveils $10 Billion Share Buyback Program

PALO ALTO, Calif., April 7, 2025 /PRNewswire/ — Broadcom Inc. (Nasdaq: AVGO), a global leader in semiconductor and infrastructure software solutions, announced a new share repurchase program worth up to $10 billion. The program is authorized by its Board of Directors and is set to run through December 31, 2025.

The decision reflects the Board’s confidence in Broadcom’s robust cash flow and its pivotal role in mission-critical infrastructure software, particularly in supporting hyperscalers as they drive advancements in generative AI.

“Today’s announcement demonstrates the Board’s confidence in the strength of Broadcom’s diversified semiconductor and infrastructure software product franchises,” said Hock Tan, President and CEO of Broadcom Inc. “We are uniquely positioned to support innovation in generative AI on expanding subscriber platforms. This program allows us to deliver value to our stockholders,” added Kirsten Spears, CFO of Broadcom Inc.

The repurchase can be executed through various methods, such as open market purchases or privately negotiated transactions. The exact timing and volume of shares repurchased will depend on several factors, including stock price, market conditions, and regulatory requirements.

Broadcom retains the discretion to suspend or terminate the program at any time, highlighting the company’s commitment to maintaining flexibility amidst changing market conditions.

For further context, Broadcom’s product offerings cater to critical markets that include cloud computing, data centers, enterprise software, and security solutions. Their strong positioning in these sectors is likely a driving factor behind the decision to initiate this buyback program.

This significant repurchase program arrives as the company has seen a 5.37% increase in its stock price just before the announcement, reflecting positive investor sentiment. However, market dynamics may directly influence future repurchase activities.

In recent financial reports, Broadcom has demonstrated impressive cash flow generation capabilities, with a current market capitalization of approximately $687.71 billion. The company operates in various sectors such as networking, storage, and industrial applications, underpinning its broad reach within the technology domain.

As of now, investors are optimistic about Broadcom’s ability to execute this substantial buyback efficiently while continuing to innovate in key technology areas.