Broadcom ($AVGO) has announced a significant $4 billion deal to sell its EUC Division, marking a record rise in its stock value. Concurrently, the company has decided to pause the $1 billion sale of its Carbon Black Unit. In related financial news, Broadcom's CEO, Hock Tan, saw his annual compensation more than double last year, reaching $161.8 million, primarily due to a substantial stock award of $160.5 million that will vest over the next five years.
Broadcom CEO Hock Tan's pay more than doubles to $161.8 million, thanks to a stock award https://t.co/KmQo8cN5Fl
Broadcom CEO Hock Tan's pay more than doubles to $161.8 million, thanks to a stock award https://t.co/ldE9eI4p7C
Broadcom CEO compensation more than doubles to $161.8 mln in 2023 https://t.co/UJ0OIIOcvh https://t.co/AiMxu4veDl
Broadcom to pause sale of Carbon Black unit, Bloomberg reports https://t.co/05vMdyj379 https://t.co/zQVxDV2Qqx
Annual compensation for Broadcom CEO Hock Tan more than doubled last year to $161.8 million, thanks to a stock award of $160.5 million that will vest over the next five years. https://t.co/JLq9B2rTeA
$AVGO | Broadcom To Pause $1 Bln Sale Of Carbon Black Unit - @business https://t.co/ZCWlHG7t6L
Broadcom stock rises to a record after $4 billion deal to sell its EUC Division https://t.co/H3RBcKeNv8