Qualcomm announces final results of tender offer
Aug. 31, 2018 7:48 AM ETQUALCOMM Incorporated (QCOM)By: Brandy Betz, SA News Editor13 Comments
- Qualcomm (NASDAQ:QCOM) announces the final results of its modified Dutch auction tender offer with 72.5M shares of common stock at $67.50/share.
- Aggregate cost amounts to about $5.1B, excluding fees and expenses.
- The purchase amount represents approximately 5.2% of shares outstanding.
- Qualcomm shares are down 0.2% premarket to $68.
- Previously: Qualcomm +2.8% on preliminary Dutch auction results (Aug. 28)