Earnings Results: Broadcom stock rallies more than 5% on aggressive plan to return shareholder cash, earnings beat

Broadcom Inc. shares rallied in the extended session Thursday after the chip and software company not only topped Wall Street estimates for the quarter but announced an aggressive program to return cash to investors.

Broadcom Inc. shares rallied in the extended session Thursday after the chip and software company not only topped Wall Street estimates for the quarter but announced an aggressive program to return cash to investors.