Qualcomm’s logo is seen during Mobile World Congress in Barcelona, Spain, February 28, 2017. REUTERS/Eric Gaillard/File Photo

Oct 12 (Reuters) – Qualcomm Inc (QCOM.O) on Tuesday announced a new $10 billion stock buyback, effective immediately.

The repurchase will add to the company’s stock buyback program announced in July 2018, which has $900 million of repurchase authority remaining.

Reporting by Arathy S Nair in Bengaluru; Editing by Devika Syamnath

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