AVGO · 10-Q · 2026Q2 · Full report
Capital Return Program
Broadcom Inc. · 2026-06-09 · Importance 69 · Surprise 50 · In source text
Broadcom's Board authorized multiple repurchase programs: an April 2025 authorization to repurchase up to $10 billion through December 31, 2025 that was extended through December 31, 2026 and increased to $11 billion, and a March 2026 authorization to repurchase up to $10 billion through December 31, 2026. During the two fiscal quarters ended May 3, 2026, Broadcom repurchased and retired 25 million shares for $8,450 million, and paid $6,178 million in cash dividends. As of May 3, 2026, $10.1 billion of authorized share repurchase capacity remained available.
Key facts
- Net cash used in financing activities for the two fiscal quarters ended May 3, 2026 was $(14,980) million. source
- As of May 3, 2026, $10.1 billion of the authorized amount remained available for repurchase. source
- In April 2025, the Board authorized a stock repurchase program to repurchase up to $10 billion through December 31, 2025, which was subsequently extended through December 31, 2026 and increased to $11 billion. source
- In March 2026, the Board authorized a stock repurchase program to repurchase up to $10 billion of common stock from time to time through December 31, 2026. source
- Dividends to common stockholders for the two fiscal quarters ended May 3, 2026 were $6,178 million compared to $5,559 million for the two fiscal quarters ended May 4, 2025. source
- During the two fiscal quarters ended May 4, 2025, we paid $3,802 million in employee withholding taxes due upon the vesting of net settled equity awards and withheld 17 million shares from employees in connection with such net share settlements. source
- We paid $3,092 million in cash dividends. source
- During the two fiscal quarters ended May 3, 2026 we repurchased and retired 25 million shares for $8,450 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -8.4% | Net cash used in financing activities for the two fiscal quarters ended May 3, 2026 was $(14,980) million. |
| cash | negative | realized | -4.7% | During the two fiscal quarters ended May 3, 2026 we repurchased and retired 25 million shares for $8,450 million. |
| cash | negative | realized | -0.3% | Dividends to common stockholders for the two fiscal quarters ended May 3, 2026 were $6,178 million compared to $5,559 million for the two… |
| cash | negative | realized | -0.3% | We repurchased $600 million of common stock. |
| cash | negative | realized | — | Dividends per share to common stockholders for the two fiscal quarters ended May 3, 2026 was $1.30 per share compared to $1.18 per share… |