Qualcomm Inc Stock Price, News & Analysis

On November 19, 2020, Qualcomm Incorporated (QCOM) announced the appointment of Sylvia Acevedo and Greg Johnson to its Board of Directors. Acevedo, former CEO of Girl Scouts of the USA, brings extensive leadership experience, serving on the Governance Committee. Johnson, EVP at Intuit, will contribute to the HR and Compensation Committee. The Board emphasized the value of their diverse perspectives as Qualcomm continues to lead in the 5G transition and capitalize on market opportunities. These appointments reflect an ongoing strategy to enhance governance and leadership effectiveness.

Qualcomm (NASDAQ: QCOM) announced its financial results for Q4 and fiscal 2020 on November 4, revealing strong performance in mobile technology. The company continues to lead in 5G innovation, significantly impacting various sectors, including automotive and IoT. Interest in its licensing business and semiconductor products remains robust. The investor call will provide further insights into earnings and future guidance, available on their investor relations website.

Qualcomm (NASDAQ: QCOM) is set to release its fourth quarter and fiscal 2020 financial results on November 4, 2020, after market close. Investors can access the earnings release on Qualcomm's Investor Relations website. A conference call discussing the results will occur on the same day at 1:45 PM PT, with live broadcasting available online. Following the call, an audio replay will be provided for 30 days, accessible for both U.S. and international callers.

Qualcomm Incorporated (NASDAQ: QCOM) announced a quarterly cash dividend of $0.65 per common share, payable on December 17, 2020, to stockholders of record as of December 3, 2020. As a leader in wireless technology, Qualcomm continues to influence the mobile ecosystem, particularly with advancements in 5G. Besides its licensing business, Qualcomm Technologies, Inc. manages extensive engineering and research functions vital for product development.

Qualcomm Technologies has selected 33 small businesses for its Small Business Accelerator Program, aimed at aiding their transition to a mobile-first digital environment. The program, launched in June, received over 375 applications across various sectors. Each selected business will receive technology solutions and support worth up to US$25,000, including mobile devices and software from partners like Microsoft and Samsung. This initiative aims to empower small businesses, particularly those that are women-, minority-, or veteran-owned, during the ongoing pandemic.

Qualcomm announced the results of its private exchange offers for four series of notes, which expired on August 11, 2020. Eligible holders tendered approximately $400.4 million of Old 2022 Notes, $508.3 million of Old 2023 Notes, $555.3 million of Old 2024 Notes, and $552.4 million of Old 2025 Notes. Qualcomm expects to issue $957 million of New 2028 Notes and $1.232 billion of New 2032 Notes in exchange. No cash proceeds will be received from these offers, and interest on the old notes ceases on the settlement date, expected on August 14, 2020.

Qualcomm Incorporated (QCOM) announced the expiration results of its Cash Offers for four series of outstanding notes, which closed on August 11, 2020. The Cash Offer Settlement Date is expected on August 14, 2020. The total principal amounts tendered include $85.3 million for Old 2022 Notes, $52.6 million for Old 2023 Notes, $39.1 million for Old 2024 Notes, and $85.9 million for Old 2025 Notes. Eligible Holders who successfully tendered their notes will receive applicable considerations, including accrued interest. The conditions for cash offers were satisfied, and all validly tendered notes are expected to be accepted.

Qualcomm announced on August 11, 2020, the pricing terms for its private Exchange Offers to swap existing senior notes for new notes due in 2028 and 2032. The Exchange Offers will expire on the same day at 5:00 p.m. NY time. Eligible participants include institutional buyers and non-U.S. persons; cash tender offers are also available for certain ineligible holders. Key conditions include a minimum issuance of $500 million for each new note series. The New 2028 Notes will have an interest rate of 1.300%, while the New 2032 Notes will bear 1.650% interest.

Qualcomm Incorporated (NASDAQ: QCOM) has announced the pricing terms for its cash offers to purchase outstanding notes, expiring today, August 11, 2020, at 5:00 p.m. New York City time. The offers include four series of notes with total cash consideration capped at $300 million. Eligible holders may tender their notes for specified prices, including accrued interest. The settlement date is expected on August 14, 2020. These offers are open only to certain retail investors and are part of a broader exchange offer aimed at refinancing existing debt.