Broadcom, headquartered in Palo Alto, California, offers semiconductor and infrastructure software solutions, employing 20,000 people since its IPO on August 6, 2009. Its products serve various markets, including cloud and enterprise software.
Hock E Tan sold 40,000 shares of AVGO on 26 June at $268.29 per share, worth a total of $10.7M. They now own 482,836 AVGO shares, or a 8% holding decrease.
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