Power Integrations adds $50M to share repurchase authorization

POWER INTEGRATIONS INC

Board approved $50M addition to repurchase authorization on Feb 27, 2022.
Company repurchased ~423,000 shares in Q4 2021 and ~820,000 shares in Jan 2022.
Prior repurchase authorization exhausted; additional $100M had been allocated earlier in Feb.
Total buyback allocated in early 2022 now at $150M when combining February actions.

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