Over the past few years, AMD has been doing very well financially as well. AMD has reportedly decided to launch a share buyback process for the first time in 20 years.
The last time the company bought shares back in 2001. Then only $ 77 million was allocated for this, and this time $ 4 billion will be spent!
Our strong financial results and growing cash generation allow us to invest in the business and start returning capital to our shareholders.
The buyout will be financed by cash from operating activities. The program, which accounts for about 4% of AMD’s market value, has no expiration date.
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