other
confidence high
sentiment positive
materiality 0.35
Silicon Labs boosts share repurchase authorization by $200M to $450M through Dec 2023
SILICON LABORATORIES INC.
- Board increased share buyback authorization by $200 million, raising total to $450 million.
- Program runs through December 2023; repurchases may be in open market or private transactions.
- Originally announced on July 27, 2022; new authorization expands prior $250 million limit.
- Company expects to fund repurchases from available cash and operations.