AMD announces a $4B stock buyback program, its first since 2001, representing about 4% of AMD's market value (Ian King/Bloomberg)
Ian King / Bloomberg:
AMD announces a $4B stock buyback program, its first since 2001, representing about 4% of AMD's market value — Advanced Micro Devices Inc. unveiled a $4 billion stock buyback plan, its first repurchase authorization since 2001, underscoring the chipmaker's confidence in the future of its business.
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