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Form 8-K · Current Report · Filed 2024-07-12

Broadcom Announces Ten-for-One Forward Stock Split and Senior Notes Issuance

On July 12, 2024, Broadcom Inc. announced a ten-for-one forward stock split to increase its authorized common stock. Additionally, the company entered into an underwriting agreement to issue $5 billion in senior notes due between 2027 and 2031, which were registered under the Securities Act of 1933.

Filer
Broadcom Inc. AVGO · NASDAQ
Filed
Accession
0001140361-24-033072
CIK
0001730168
Signal
High impactTechnology

Items reported

Item 5.03

Amendments to Articles of Incorporation or Bylaws

Stock Split
Item 8.01

Other Events

Regulatory Approval
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$170.59

Next session

+0.5%

Since filing

+128.2%

Latest close

$389.28

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from AVGO reporting the same item, with the next session's move:

Exhibits (5)

About Broadcom Inc.

Broadcom Inc. is a diversified global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Its primary function is to serve high-growth industries by providing technology that supports complex digital environments. Key sectors impacted by Broadcom’s products include data center, networking, broadband, wireless, and industrial markets. The company's semiconductor solutions are integral to networking systems, represented by products like ASICs and Bluetooth solutions, while its software solutions enhance critical infrastructure for businesses. Headquartered in San Jose, California, Broadcom maintains a significant presence in the tech industry due to its commitment to innovation and acquisition strategy, which has expanded its impact across a variety of computing and connectivity applications. By leveraging its expansive portfolio, Broadcom continues to enhance the capabilities of new technologies and supports advancements in digital communication and data management.

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