Marvell Announces $3 Billion Stock Repurchase Authorization
MRVLMarvell Technology(MRVL) Prnewswire·2024-03-08 05:05

SANTA CLARA, Calif., March 7, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that its Board of Directors has authorized a $3 billion addition to the balance of its existing stock repurchase program, increasing the total current repurchase authority to approximately $3.3 billion. This $3 billion increase is the largest repurchase authorization in our history. Marvell's existing share repurchase program had approximately $ ...