Qualcomm Shares Gain After March 17, 2026 Launch of $20 Billion Buyback and Dividend Hike

On March 17, 2026, Qualcomm shares moved higher after the company unveiled a new $20 billion stock repurchase authorization and raised its quarterly dividend from $0.89 to $0.92 per share. The stock traded around $131.99 in early Tuesday action, up about 2.01%, as investors reacted to the expanded capital return plan and ongoing efforts to diversify beyond smartphones.