The company's new offer to buy back its Class V shares still falls short of activist investor Carl Icahn's valuation of its VMware subsidiary.
The repurchase program signals a change in Broadcom's capital allocation strategy since the demise of its takeover bid for Qualcomm.
Buyback ROI, a tool first introduced on CFO.com, can be used by executives and investors to determine when buybacks are more likely to be successful.
