Calix increases stock repurchase authorization by $125M to total $425M

CALIX, INC

Board authorized additional $125M stock repurchase, bringing total program authorization to $425M.
Remaining authorization as of Dec 31, 2025 was $109.3M; new $125M add brings combined total to $425M.
Repurchases may be made via open market or private transactions, subject to market conditions.
Program is discretionary; company may suspend or discontinue at any time without obligation.

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