debt
confidence high
sentiment neutral
materiality 0.55
Broadcom completes 10-for-1 stock split, issues $5B in senior notes
Broadcom Inc.
- 10-for-1 stock split effective July 12, 2024; authorized common shares increased to 29 billion.
- Issued $5B aggregate senior notes: $1.25B 5.050% due 2027, $2.25B 5.050% due 2029, $1.5B 5.150% due 2031.
- Notes are unsecured, unsubordinated; proceeds for general corporate purposes and debt repayment.