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 117,758 shares of AVGO on 12 June at $252.91 per share, worth a total of $29.8M. They now own 1,014,152 AVGO shares, or a 10% holding decrease.
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