Broadcom Inc. (AVGO)

Index:

Nasdaq 100

$ 141.61
   
  • Change Today:
    $-12.40
  • 52 Week High: $1,828.87
  • 52 Week Low: $137.00
  • Currency: US Dollars
  • Shares Issued: 4.69m
  • Volume: 18,991,487
  • Market Cap: $663.58m
  • RiskGrade: 130

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Chinese regulators conditionally approve Broadcom-VMWare merger

By Iain Gilbert

Date: Tuesday 21 Nov 2023

LONDON (ShareCast) - (Sharecast News) - China has provided a list of conditions that must be met in order for it to give its tick of approval for Broadcom's $69.0bn merger with software maker VMware.
The conditions relate to how the combined companies intend to sell their products in the Chinese market, including making sure VMWare's server software will be interoperable with local hardware.

The State Administration for Market Regulation stated it would approve the deal if its conditions were met, assuming it has the right to supervise and inspect the deal.

As of 1415 GMT, Broadcom shares were down 2.54% at $970.0 each.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Broadcom Inc. Market Data

Currency US Dollars
Share Price $ 141.61
Change Today $ -12.40
% Change -8.05 %
52 Week High $1,828.87
52 Week Low $137.00
Volume 18,991,487
Shares Issued 4.69m
Market Cap $663.58m
RiskGrade 130

What The Brokers Say

Strong Buy 15
Buy 18
Neutral 4
Sell 0
Strong Sell 0
Total 37
buy
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Trades for 04-Apr-2025

Time Volume / Share Price
10:54 100 @ $141.61
10:54 250 @ $141.53
10:54 393 @ $141.53
10:54 100 @ $141.61
10:54 100 @ $141.61

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