Intel’s news source for media, analysts and everyone curious about the company.

Intel Board Of Directors Approves Repurchase Of An Additional 480 Million Shares Of Stock

SANTA CLARA, Calif., Nov. 14, 2002 – Intel Corporation today announced that its board of directors has authorized the purchase of an additional 480 million shares as part of the company’s existing stock repurchase program. From the beginning of the program in 1990 through the third quarter of 2002, Intel has repurchased approximately 1.7 billion shares at a cost of approximately $29 billion.

Read News Release

About Intel

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to and

© Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.