InterDigital increases stock buyback authorization by $100M to $800M total

InterDigital, Inc.

Board authorized $100M increase to existing repurchase program, total authorization now $800M.
Program history: $300M in June 2014, raised to $400M (2015), $500M (2017), $600M (2018), $700M (2019).
Repurchases may occur in open market or privately; no expiration date specified.
Signal of capital allocation confidence; shares may benefit from reduced float.

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