March 27, 1997 11:30 AM ET
Intel ups buyback program
By Margaret Kane

  Intel Corp. has boosted its stock buyback program by 30 million shares.

That would bring the total number of shares the Santa Clara, Calif., company is looking to buy back up to 140 million. So far, Intel has purchased about 92.6 million shares, worth $4.6 billion. The program was begun in 1990.

An Intel official said the company's shares were currently at an "attractive" price. Yesterday, Intel shares closed at $140.625, down from a January peak of $165.

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