According to foreign media reports, Apple, Qualcomm and other technology giants have very strong income-generating and profitability. They also repurchase shares and distribute dividends to shareholders, including Qualcomm’s nearly three fiscal years. Cash back exceeds $35 billion.
According to data released by Qualcomm, in the 2017 fiscal year (as of September 24, 2017). They repurchased $1.342 billion in stock and distributed a dividend of $3.252 billion to shareholders, totaling 4.594 billion shares.
In the 2018 fiscal year ended September 30, 2018, Qualcomm repurchased $22.569 billion in shares and distributed a dividend of $3.466 billion to shareholders, which totaled $26.035 billion in cash.
In the fiscal year 2019, which ended September 29 this year. Qualcomm repurchased shares at $1.793 billion, distributed a dividend of $2.968 billion, and totaled $4.761 billion in cash.
Compared with fiscal year 2017 and fiscal year 2018, Qualcomm’s return to shareholders in FY 2018 is much higher. This is mainly due to its $44 billion acquisition of NXP’s transaction. Which was announced in July 2018 before giving up on the acquisition, Qualcomm CEO Steve Mollenkopf said that if the acquisition is not successful, they will buy back up to $30 billion in stock. Which also makes them spend a lot of money in the 2018 financial year. increase.
From FY2017 to FY 2019, Qualcomm returned a total of 35.39 billion US dollars to shareholders, of which 25.704 billion US dollars were stock repurchases, accounting for 72.6% of the return to shareholders in these three fiscal years.
Qualcomm has returned more than $35 billion to shareholders in the past three fiscal years, which has exceeded the market value of many listed companies in terms of scale.