AMD Increases Its Share Buyback Authorization By $6 Billion After Buying Back $749 Million Worth Of Shares Last Quarter
AMD is on a roll these days, especially as the risks surrounding the US-China trade war 2.0 have largely abated and the AI-driven CapEx among hyperscalers shows no sign of slowing down. As an illustration of AMD's newfound confidence, consider the fact that the company has now increased its share buyback authorization by $6 billion. When coupled with the ~$4 billion in existing authorizations (as of the 29th of March 2025), the company's total outstanding buyback authorization now equals ~$10 billion, which is sufficient to acquire over 84 million shares at the current share price. After buying back less than […]
Read full article at https://wccftech.com/amd-increases-its-share-buyback-authorization-by-6-billion-after-buying-back-749-million-worth-of-shares-last-quarter/
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