November 15, 2018 / 10:01 PM / a month ago

Intel adds $15 bln to its buyback program

Nov 15 (Reuters) - Chipmaker Intel Corp said on Thursday its board has approved a $15 billion increase to its share repurchase program.

The company said it had $4.7 billion remaining under its existing repurchase authorization as of Sept. 29.

Intel said it returned about $177 billion to stockholders through dividends and stock repurchases from 1990 through the third-quarter of 2018. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Sriraj Kalluvila)

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