VIAVI announces $300M stock repurchase program, confirms Q1 FY2023 guidance

VIAVI SOLUTIONS INC.

Board authorized new $300M repurchase program effective Oct 1, 2022, replacing $200M program expiring Sept 30, 2022.
Reconfirmed Q1 FY2023 guidance: revenue $317M–$331M, non-GAAP operating margin 20.7%–22.1%, non-GAAP EPS $0.22–$0.24.
Repurchases may be via open market, 10b5-1 plans, or private transactions; program active until completion or termination.
Analyst day webcast held Sept 13, 2022; slides furnished as Exhibit 99.2.

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