Qualcomm announces dividend, stock buyback plan
Feb 11, 2003 12:00 PM
Bucking the trend among tech firms, Qualcomm Inc. announced its first-ever quarterly dividend this week at five cents per share.
The San Diego-based company, which had about $3.7 billion in cash and investments at the end of last year, also revealed a $1 billion stock buyback program for the next two years.
Qualcomm had about 783 million shares of common stock outstanding as of Dec. 29.
PODCASTSKeep updated with communications industry topics with Urgent Communications' podcasts. |
WHITE PAPERSDownload free white papers that delve into the intricacies of the mobile communications industry. |
E-NEWSLETTERSCheck out our latest edition of Urgent Communications Today. Not a subscriber? Subscribe now! |
