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What Broadcom’s Capital Allocation Strategy Means for Investors

Paige Tanner
Updated
What Broadcom’s Capital Allocation Strategy Means for Investors

Previously, we saw that Broadcom (AVGO) has been growing its FCF (free cash flow) steadily by acquiring companies with high cash flow. The company’s strategy is to increase its cash flow and give returns to shareholders through dividends, buybacks, and strategic acquisitions. In November 2017, Broadcom tried to acquire Qualcomm (QCOM) but failed, resulting in it compensating shareholders by announcing a $12 billion stock buyback in April.

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