Broadcom CEO flags capital allocation toward higher dividends, buybacks
Broadcom CEO says capital allocation is likely to focus on increased dividends and stock buybacks.
Story updates
08:06:20 PM UTC
SquawkNews
AVGO CEO SAYS THE COMPANY CAN LOCK IN CHIP SUPPLY FOR 2027 Hock Tan says Broadcom is in the process of locking in 2028 supply, and that capital allocation is likely to focus on increased dividends and stock buybacks, per the Goldman Sachs conference.
08:08:26 PM UTC
SquawkNews
BROADCOM CEO SAYS CAPITAL ALLOCATION LIKELY TO FOCUS ON INCREASED DIVIDENDS, STOCK BUYBACKS
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